Pebble Beach Systems Group (LON:PEB) Shares Down 2.8% – Time to Sell?

Pebble Beach Systems Group plc (LON:PEB) was down 2.8% on Wednesday . The company traded as low as GBX 9.80 ($0.12) and last traded at GBX 9.87 ($0.12). Approximately 91,584 shares changed hands during trading, a decline of 31% from the average daily volume of 132,603 shares. The stock had previously closed at GBX 10.15 ($0.13).

Pebble Beach Systems Group Stock Down 2.8 %

The firm’s fifty day moving average is GBX 10.20 and its two-hundred day moving average is GBX 10.87. The firm has a market cap of £12.29 million, a price-to-earnings ratio of 987.00 and a beta of 0.71. The company has a debt-to-equity ratio of 452.41, a current ratio of 0.60 and a quick ratio of 0.66.

Insider Transactions at Pebble Beach Systems Group

In other Pebble Beach Systems Group news, insider Chris Errington bought 5,500,000 shares of the business’s stock in a transaction that occurred on Thursday, October 24th. The stock was acquired at an average cost of GBX 10 ($0.13) per share, with a total value of £550,000 ($688,188.19). Company insiders own 44.72% of the company’s stock.

Pebble Beach Systems Group Company Profile

Pebble Beach Systems Group plc designs and delivers automation, integrated channel, and virtualized playout solutions for the broadcast and streaming service markets worldwide. It also provides Automation Lite, a simpler software offering that allow control of up to six channels; Playout in a box, a compact playout solution; Pebble Remote, a solution that provides real-time access to the playout environment; Pebble Control, a solution that offers connection management of IP devices for TV stations, OB trucks, and production houses; and Orchestration solutions.