Pebble Beach Systems Group (LON:PEB) Trading Down 4.5% – What’s Next?

Shares of Pebble Beach Systems Group plc (LON:PEB) were down 4.5% during trading on Friday . The stock traded as low as GBX 10.50 ($0.13) and last traded at GBX 10.50 ($0.13). Approximately 43,780 shares changed hands during mid-day trading, a decline of 70% from the average daily volume of 143,633 shares. The stock had previously closed at GBX 11 ($0.14).

Pebble Beach Systems Group Stock Down 4.5 %

The company has a market cap of £13.07 million, a P/E ratio of 1,050.00 and a beta of 0.71. The company has a debt-to-equity ratio of 452.41, a quick ratio of 0.66 and a current ratio of 0.60. The business’s fifty day moving average is GBX 10.35 and its two-hundred day moving average is GBX 11.38.

Insiders Place Their Bets

In other Pebble Beach Systems Group news, insider Chris Errington acquired 5,500,000 shares of the stock in a transaction that occurred on Thursday, October 24th. The stock was bought at an average cost of GBX 10 ($0.13) per share, with a total value of £550,000 ($693,131.70). 44.72% of the stock is currently owned by company insiders.

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.