Pensana (LON:PRE) Trading Up 13.3% - Time to Buy?

Key Points

• Pensana Plc's stock price increased by 13.3% during mid-day trading, reaching a high of GBX 138 ($1.87) before closing at GBX 136 ($1.85).
• Trading volume surged by 94%, with nearly 2 million shares changing hands, compared to the average volume of just over 1 million shares.
• The company's market capitalization stands at £406.87 million, with a P/E ratio of -7,472.53 and a debt-to-equity ratio of 21.17.

Pensana Plc (LON:PRE - Get Free Report) shares traded up 13.3% on Friday . The company traded as high as GBX 138 ($1.88) and last traded at GBX 136 ($1.86). 1,967,866 shares were traded during trading, an increase of 94% from the average session volume of 1,016,710 shares. The stock had previously closed at GBX 120 ($1.64).

Pensana Price Performance

The stock has a 50 day moving average price of GBX 89.44 and a two-hundred day moving average price of GBX 55.57. The company has a debt-to-equity ratio of 21.17, a quick ratio of 1.03 and a current ratio of 0.15. The company has a market capitalization of £387.43 million, a PE ratio of -7,115.38 and a beta of 0.68.

About Pensana

Building the world's first sustainable magnet metal supply chain to meet the burgeoning demand from EVs and Offshore Wind