Pebble Beach Systems Group (LON:PEB) Shares Down 5.9% – Here’s Why

Pebble Beach Systems Group plc (LON:PEB)’s stock price dropped 5.9% on Wednesday . The company traded as low as GBX 8 ($0.10) and last traded at GBX 8 ($0.10). Approximately 11,463 shares were traded during trading, a decline of 93% from the average daily volume of 169,494 shares. The stock had previously closed at GBX 8.50 ($0.11).

Pebble Beach Systems Group Stock Performance

The stock’s 50-day moving average price is GBX 9.57 and its 200-day moving average price is GBX 10.22. The company has a current ratio of 0.60, a quick ratio of 0.66 and a debt-to-equity ratio of 452.41. The company has a market capitalization of £9.96 million, a P/E ratio of 800.00 and a beta of 0.71.

About Pebble Beach Systems Group

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.