Pensana (LON:PRE) Trading Up 8.7% - Here's What Happened

Key Points

• Pensana Plc shares saw an increase of 8.7% on Friday, trading as high as GBX 73 ($0.98), up from the previous close of GBX 66.80 ($0.90).
• The company's market capitalization stands at £277.22 million with a negative PE ratio of -56.39 and a low debt-to-equity ratio of 21.17.
• Insider Robert Kaplan sold 100,000 shares at an average price of GBX 39 ($0.52) in a recent transaction, highlighting ongoing insider activity within the company.

Shares of Pensana Plc (LON:PRE - Get Free Report) rose 8.7% on Friday . The stock traded as high as GBX 73 ($0.98) and last traded at GBX 72.60 ($0.98). Approximately 464,311 shares traded hands during mid-day trading, a decline of 52% from the average daily volume of 965,011 shares. The stock had previously closed at GBX 66.80 ($0.90).

Pensana Stock Performance

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's 50-day moving average is GBX 66 and its two-hundred day moving average is GBX 41.35. The company has a market capitalization of £273.52 million, a P/E ratio of -55.64 and a beta of 0.68.

Insider Transactions at Pensana

In other Pensana news, insider Robert Kaplan sold 100,000 shares of the company's stock in a transaction that occurred on Friday, May 16th. The stock was sold at an average price of GBX 39 ($0.52), for a total value of £39,000 ($52,454.61). 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