Petards Group (PEG)

Sector:

Support

Index:

FTSE AIM All-Share

 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 lands contract with unnamed UK defence systems contractor

By Iain Gilbert

Date: Wednesday 04 Sep 2019

LONDON (ShareCast) - (Sharecast News) - Security and surveillance firm Petards has landed a £1.1m contract with a "major" UK defence systems contractor.
Petards' new contract win will see the group provide its unnamed client with electronic countermeasures equipment for use on a Ministry of Defence programme.

The AIM-listed group will manufacture and supply equipment that will form part of an integrated defensive aids suite on military aircraft. Most of the equipment was expected to be delivered in the second half of 2020.

Chairman Raschid Abdullah said: "We are delighted to have been reselected for the next phase of this electronic countermeasures project which will serve to protect aircraft and the lives of the service personnel that fly in them.

"The company has been supplying and servicing such systems for many years and we believe that this is indicative of the value that our customer places on our expertise in this specialist field".

As of 0830 BST, Petards shares had climbed 6.60% to 21p.

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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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