PensionBee Group (LON:PBEE) Shares Down 0.7% - Here's What Happened

Key Points

• PensionBee Group plc shares decreased by 0.7% to GBX 152.50 ($2.08) during Tuesday's trading, with a volume increase of 23% compared to its average session volume.
• The company reported a negative P/E ratio of -8,111.70 and a negative return on equity of 36.87%, indicating ongoing financial challenges.
• Insiders, including Romi Savova and Jonathan Lister Parsons, sold significant amounts of shares on September 9th, raising concerns about insider confidence, as they collectively sold over £323,000 worth of stock.

Shares of PensionBee Group plc (LON:PBEE - Get Free Report) traded down 0.7% during trading on Tuesday . The company traded as low as GBX 152.50 ($2.08) and last traded at GBX 152.50 ($2.08). 185,681 shares were traded during mid-day trading, an increase of 23% from the average session volume of 150,707 shares. The stock had previously closed at GBX 153.50 ($2.10).

PensionBee Group Price Performance

The company has a debt-to-equity ratio of 2.45, a quick ratio of 7.03 and a current ratio of 4.23. The firm has a market capitalization of £361.63 million, a P/E ratio of -8,111.70, a P/E/G ratio of -0.09 and a beta of 0.37. The stock's 50 day simple moving average is GBX 163.11 and its 200 day simple moving average is GBX 158.16.

PensionBee Group (LON:PBEE - Get Free Report) last issued its earnings results on Thursday, August 14th. The company reported GBX (2.14) EPS for the quarter. PensionBee Group had a negative return on equity of 36.87% and a negative net margin of 18.26%. As a group, analysts expect that PensionBee Group plc will post -9.3899999 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, insider Romi Savova sold 127,972 shares of the stock in a transaction that occurred on Tuesday, September 9th. The shares were sold at an average price of GBX 149, for a total transaction of £190,678.28. Also, insider Jonathan Lister Parsons sold 89,174 shares of the stock in a transaction that occurred on Tuesday, September 9th. The shares were sold at an average price of GBX 149, for a total transaction of £132,869.26. 37.79% of the stock is currently owned by company insiders.

PensionBee Group Company Profile

PensionBee is creating a global leader in the consumer retirement market with approximately £6.3 billion in assets on behalf of more than 286,000 customers. Founded in 2014, we aspire to make as many people as possible pension confident so that everyone can enjoy a happy retirement. We help our customers to combine their retirement savings into a new online account, which they can manage from the palm of their hand. PensionBee accounts are invested by the world's largest investment managers, collectively looking after more than $10 trillion in savings between them.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.