Pensana (LON:PRE) Shares Up 8.4% - Time to Buy?
Shares of Pensana Plc (LON:PRE) rose by 8.4% during trading, reaching a high of GBX 184 ($2.47) before closing at GBX 181 ($2.43). Trading volume increased by 80% compared to the average, with 1,838,678 shares exchanged. The company has a market cap of £547.46 million and a negative price-to-earnings ratio. Despite the stock's performance, analysts currently rate Pensana as a Hold, suggesting that there are better investment opportunities available.
Shares of Pensana Plc (LON:PRE - Get Free Report) shot up 8.4% during trading on Thursday . The company traded as high as GBX 184 ($2.47) and last traded at GBX 181 ($2.43). 1,838,678 shares were traded during mid-day trading, an increase of 80% from the average session volume of 1,023,549 shares. The stock had previously closed at GBX 167 ($2.24).
Pensana Stock Performance
The company has a market cap of £547.46 million, a price-to-earnings ratio of -9,945.05 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. The stock's fifty day simple moving average is GBX 118.17 and its 200 day simple moving average is GBX 73.47.
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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