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Pensana (LON:PRE) Stock Price Down 8.8% - Time to Sell?

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.
  • Interested in Pensana? Here are five stocks we like better.

Shares of Pensana Plc (LON:PRE - Get Free Report) traded down 8.8% during trading 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 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 Stock Up 13.3%

The firm has a fifty day moving average price of GBX 86.82 and a 200 day moving average price of GBX 54.08. The company has a quick ratio of 1.03, a current ratio of 0.15 and a debt-to-equity ratio of 21.17. The company has a market cap of £406.87 million, a P/E ratio of -7,472.53 and a beta of 0.68.

About Pensana

(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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