Pental Ltd (ASX:PTL) shares rose 6.9% during mid-day trading on Thursday . The stock traded as high as A$0.31 ($0.22) and last traded at A$0.31 ($0.22), approximately 9,167 shares were traded during mid-day trading. The stock had previously closed at A$0.29 ($0.21).
The firm has a market cap of $42.24 million and a P/E ratio of -1.53. The firm’s 50 day simple moving average is A$0.30.
In other news, insider Jeffrey(Jeff) Miciulis purchased 250,000 shares of the business’s stock in a transaction that occurred on Thursday, June 27th. The shares were bought at an average cost of A$0.31 ($0.22) per share, for a total transaction of A$76,250.00 ($54,078.01).
About Pental (ASX:PTL)
Pental Limited manufactures and distributes personal, household, and commercial products in Australia, New Zealand, and Asia. The company provides soap products, bleaches, firelighters, laundry products, stain removers, dishwashing products, and others. It offers products under the White King, Country Life, Jiffy Firelighters, Softly, Martha's, Pears, Velvet, Sunlight, Lux, Little Lucifer, AIM Toothpaste, Huggie, and Janola brands.
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