Panther Securities (LON:PNS) Trading Down 5.9% – Here’s Why

Panther Securities PLC (LON:PNS) fell 5.9% during trading on Thursday . The company traded as low as GBX 301.20 ($3.68) and last traded at GBX 301.20 ($3.68). 2,000 shares traded hands during mid-day trading, a decline of 26% from the average session volume of 2,716 shares. The stock had previously closed at GBX 320 ($3.91).

Panther Securities Stock Performance

The firm has a 50-day simple moving average of GBX 318.41 and a two-hundred day simple moving average of GBX 314.13. The company has a current ratio of 0.94, a quick ratio of 0.89 and a debt-to-equity ratio of 62.22. The company has a market capitalization of £55.81 million, a price-to-earnings ratio of 8,000.00 and a beta of 0.18.

Insider Activity at Panther Securities

In other Panther Securities news, insider Andrew Perloff purchased 300,000 shares of the business’s stock in a transaction dated Thursday, October 17th. The shares were acquired at an average price of GBX 330 ($4.03) per share, for a total transaction of £990,000 ($1,208,791.21). 90.50% of the stock is currently owned by company insiders.

Panther Securities Company Profile

Panther Securities PLC ("the Company" or "the Group") is a property investment company quoted on the AIM market (AIM). Prior to 31 December 2013 the Company was fully listed and included in the FTSE fledgling index. It was first fully listed as a public company in 1934. The Group currently owns and manages over 900 individual property units within over 120 separately designated buildings over the mainland United Kingdom. The Group specialises in property investing and managing of good secondary retail, industrial units and offices, and also owns and manages many residential flats in several town centre locations.