Panther Securities (LON:PNS) Shares Down 2.8% – Here’s Why

Posted by ABMN Staff on Dec 19th, 2024

Panther Securities PLC (LON:PNS – Get Free Report) shares were down 2.8% during mid-day trading on Wednesday . The stock traded as low as GBX 311.10 ($3.91) and last traded at GBX 311.10 ($3.91). Approximately 5,000 shares traded hands during mid-day trading, a decline of 8% from the average daily volume of 5,424 shares. The stock had previously closed at GBX 320 ($4.02).

Panther Securities Trading Down 2.8 %

The stock’s 50 day moving average is GBX 322.60 and its 200-day moving average is GBX 313.77. The company has a market cap of £54.26 million, a P/E ratio of 7,777.50 and a beta of 0.18. The company has a current ratio of 0.94, a quick ratio of 0.89 and a debt-to-equity ratio of 62.22.

Panther Securities Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, October 29th. Stockholders of record on Thursday, October 10th were paid a GBX 6 ($0.08) dividend. The ex-dividend date was Thursday, October 10th. This represents a dividend yield of 1.97%. Panther Securities’s dividend payout ratio is presently 30,000.00%.

Insider Activity at Panther Securities

In related news, insider Andrew Perloff bought 300,000 shares of the stock in a transaction on Thursday, October 17th. The shares were acquired at an average price of GBX 330 ($4.15) per share, for a total transaction of £990,000 ($1,244,656.78). 90.50% of the stock is currently owned by insiders.

About Panther Securities

(Get Free Report)

Panther Securities PLC ("the Company" or "the Group") is a property investment company quoted on the AIM market (AIM). Prior to 31 December 2013 the Company was fully listed and included in the FTSE fledgling index. It was first fully listed as a public company in 1934. The Group currently owns and manages over 900 individual property units within over 120 separately designated buildings over the mainland United Kingdom. The Group specialises in property investing and managing of good secondary retail, industrial units and offices, and also owns and manages many residential flats in several town centre locations.