Pebble Beach Systems Group (LON:PEB) Shares Down 4.5% – Here’s What Happened

Pebble Beach Systems Group plc (LON:PEB)’s stock price was down 4.5% during trading on Friday . The company 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 Trading Down 4.5 %

The company has a 50-day moving average of GBX 10.35 and a 200 day moving average of GBX 11.38. The company has a debt-to-equity ratio of 452.41, a current ratio of 0.60 and a quick ratio of 0.66. The company has a market cap of £13.07 million, a PE ratio of 1,050.00 and a beta of 0.71.

Insider Activity

In other news, insider Chris Errington bought 5,500,000 shares of Pebble Beach Systems Group stock in a transaction dated Thursday, October 24th. The shares were acquired at an average price of GBX 10 ($0.13) per share, with a total value of £550,000 ($693,131.70). Corporate 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.