Petards Group plc (PEG) Receives “Speculative Buy” Rating from Beaufort Securities

Beaufort Securities reaffirmed their speculative buy rating on shares of Petards Group plc (LON:PEG) in a report published on Tuesday morning.

Shares of Petards Group plc (LON:PEG) traded up 1.974% during trading on Tuesday, hitting GBX 19.375. 178,412 shares of the stock traded hands. The firm has a 50 day moving average price of GBX 16.47 and a 200-day moving average price of GBX 14.42. The company’s market cap is GBX 6.78 million. Petards Group plc has a one year low of GBX 11.75 and a one year high of GBX 19.50.

In related news, insider Abdullah,Osman acquired 393,750 shares of the stock in a transaction dated Thursday, September 8th. The stock was bought at an average price of GBX 8 ($0.10) per share, with a total value of £31,500 ($38,985.15).

About Petards Group plc

Petards Group plc (Petards) supplies advanced security and surveillance systems. The Company operates in the development, supply and maintenance of technologies used in advanced security, surveillance and ruggedized electronic applications segment. It offers software driven on-board digital video and sensor systems for fitment to new build or retrofitted to existing rolling stock, and its applications include driver only operation, condition monitoring, saloon car closed circuit television (CCTV), drivers view cameras and automatic passenger counting systems.

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