Petards Group (PEG)

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 7.75p
   
  • Change Today:
      0.000p
  • 52 Week High: 8.55
  • 52 Week Low: 3.40
  • Currency: UK Pounds
  • Shares Issued: 57.53m
  • Volume: 5,000
  • Market Cap: £4.46m
  • RiskGrade: 321

Petards systems to be installed in new Turkey high-speed trains

By Josh White

Date: Wednesday 12 Sep 2018

LONDON (ShareCast) - (Sharecast News) - Security and surveillance software developer Petards has been awarded another contract to supply Siemens Mobility with its 'eyeTrain' systems, it announced on Wednesday.
The AIM-traded firm said the contract under the Siemens Framework agreement was for an additional order that Siemens had won to manufacture and deliver 10 Velaro high-speed train vehicles to the Turkish State Railway.

Petards said its equipment would provide CCTV coverage of the internal saloon areas and the drivers cab, as well as 'day/night' track monitoring, and provide the trains with a driver control operation (DCO) capability.

It said the new contract, which was worth more than £1.1m, was split in the non-optional part (£0.77m) and the optional part (£0.34m), would see equipment deliveries starting in January, and was expected to be completed in 2020.

"We are delighted that Petards has again been selected by Siemens to work on their second contract with the Turkish State Railway," said Petards chairman Raschid Abdullah.

"This new order comes only a week ahead of Petards exhibiting at InnoTrans 2018 in Berlin, the world's leading Rail exhibition.

"It will add to our already significant installed base and strengthens our position as a leader of on train video and data solutions, [as well as] further bolster the group's order book for delivery in 2019 and 2020."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Petards Group Market Data

Currency UK Pounds
Share Price 7.75p
Change Today 0.000p
% Change 0.00 %
52 Week High 8.55
52 Week Low 3.40
Volume 5,000
Shares Issued 57.53m
Market Cap £4.46m
RiskGrade 321

Petards Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
10.95% above the market average10.95% above the market average10.95% above the market average10.95% above the market average10.95% above the market average
2.97% above the sector average2.97% above the sector average2.97% above the sector average2.97% above the sector average2.97% above the sector average
Income Not Available
Growth
98.58% below the market average98.58% below the market average98.58% below the market average98.58% below the market average98.58% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average

Petards Group Dividends

No dividends found

Trades for 19-Apr-2024

Time Volume / Share Price
09:27 5,000 @ 7.59p

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