Pensana (LON:PRE) Shares Up 16% – What’s Next?

Shares of Pensana Plc (LON:PREGet Free Report) rose 16% during mid-day trading on Thursday . The stock traded as high as GBX 29 ($0.36) and last traded at GBX 29 ($0.36). Approximately 1,010,415 shares changed hands during mid-day trading, an increase of 34% from the average daily volume of 754,349 shares. The stock had previously closed at GBX 25 ($0.31).

Pensana Stock Performance

The company has a 50 day simple moving average of GBX 25.92 and a 200 day simple moving average of GBX 21.10. The company has a market capitalization of £78.66 million, a PE ratio of -2,710.00 and a beta of 0.68.

Insider Transactions at Pensana

In related news, insider Robert Kaplan sold 315,000 shares of the company’s stock in a transaction dated Thursday, December 19th. The shares were sold at an average price of GBX 26 ($0.32), for a total transaction of £81,900 ($100,824.82). Corporate insiders own 38.68% of the company’s stock.

Pensana Company Profile

(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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