Pensana (LON:PRE) Stock Price Up 19.7% - What's Next?

Pensana Plc (LON:PRE - Get Free Report) shares were up 19.7% during mid-day trading on Thursday . The stock traded as high as GBX 50.60 ($0.68) and last traded at GBX 50.50 ($0.68). Approximately 2,002,124 shares changed hands during trading, an increase of 106% from the average daily volume of 970,720 shares. The stock had previously closed at GBX 42.20 ($0.57).

Pensana Stock Performance

The company has a market cap of £199.60 million, a price-to-earnings ratio of -40.60 and a beta of 0.68. 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 firm's 50 day simple moving average is GBX 34.46 and its 200-day simple moving average is GBX 28.04.

Insiders Place Their Bets

In other Pensana news, insider Paul Campbell Atherley bought 20,000 shares of the firm's stock in a transaction on Friday, March 21st. The shares were acquired at an average cost of GBX 30 ($0.41) per share, with a total value of £6,000 ($8,121.28). Also, insider Robert Kaplan sold 100,000 shares of the firm's stock in a transaction that occurred on Friday, May 16th. The stock was sold at an average price of GBX 39 ($0.53), for a total transaction of £39,000 ($52,788.31). Insiders have sold 320,000 shares of company stock valued at $11,200,000 in the last ninety days. 38.68% of the stock is currently owned by corporate insiders.

Pensana Company Profile

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