Pantheon International (LON:PIN) Share Price Crosses Above 50-Day Moving Average – Here’s Why

Pantheon International PLC (LON:PIN) shares crossed above its 50-day moving average during trading on Monday. The stock has a 50-day moving average of GBX 384.67 and traded as high as GBX 386.50. Pantheon International shares last traded at GBX 385, with a volume of 7,889,363 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reaffirmed a “buy” rating on shares of Pantheon International in a research report on Wednesday, August 5th. One equities research analyst has rated the stock with a Buy rating. According to data from MarketBeat, the stock presently has a consensus rating of “Buy”.

Pantheon International Stock Up 0.9%

The firm’s 50-day moving average price is GBX 384.49 and its 200 day moving average price is GBX 381.66. The firm has a market cap of £1.44 billion, a P/E ratio of 36.90 and a beta of 0.81. The company has a quick ratio of 37.81, a current ratio of 2.81 and a debt-to-equity ratio of 11.23.

About Pantheon International

Pantheon International Plc (PIN) is an investment trust that provides investors with differentiated access to a global, diversified portfolio of private equity-backed companies through a flexible and active investment approach. Through its commitments to some of the world’s best private equity managers that might otherwise be inaccessible to individual investors, PIN makes the private, public. Launched in 1987 and a constituent of the FTSE 250, PIN is a company of scale and one of the longest established private equity funds on the London Stock Exchange.