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Pensana (LON:PRE) Trading Down 8.8% - What's Next?

Pensana logo with Basic Materials background

Key Points

  • Pensana Plc's share price declined by 8.8% on Tuesday, closing at GBX 114.50 ($1.55) after previously closing at GBX 125.50 ($1.70).
  • The stock's trading volume increased by 33% from the average, with 1,345,218 shares changing hands during mid-day trading.
  • Pensana aims to build the world's first sustainable magnet metal supply chain, targeting the growing demand from electric vehicles and offshore wind industries.
  • Five stocks to consider instead of Pensana.

Pensana Plc (LON:PRE - Get Free Report)'s share price fell 8.8% on Tuesday . The stock traded as low as GBX 112 ($1.52) and last traded at GBX 114.50 ($1.55). 1,345,218 shares traded hands during mid-day trading, an increase of 33% from the average session volume of 1,011,839 shares. The stock had previously closed at GBX 125.50 ($1.70).

Pensana Price Performance

The company's fifty day moving average is GBX 81.87 and its two-hundred day moving average is GBX 51.51. The stock has a market cap of £342.55 million, a price-to-earnings ratio of -6,291.21 and a beta of 0.68. The company has a current ratio of 0.15, a quick ratio of 1.03 and a debt-to-equity ratio of 21.17.

Pensana Company Profile

(Get Free Report)

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

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