Petards Group (PEG)

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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 wins contract to fit 'eyeTrain' to new GWR stock

By Josh White

Date: Wednesday 14 Oct 2020

LONDON (ShareCast) - (Sharecast News) - Security and surveillance software developer Petards has been awarded a contract to supply railway rolling stock maintenance company Porterbrook Maintenance with its 'eyeTrain' systems.

The AIM-traded firm said the new contract, worth more than £1.3m, would see eyeTrain systems fitted to 19 class 769 'Flex' trains.

It said the class 769 was the UK's first 'tri-mode' trains, capable of running on overhead and third-rail electric lines, as well as under their own diesel power.

The trains would be operated by FirstGroup subsidiary Great Western Railway, and were expected to be introduced on services running between Reading and Gatwick during 2021.

Deliveries were expected to be completed during the first quarter of 2021.

"We are delighted that Petards has been selected by Porterbrook and Great Western Railway to work with them on this exciting first UK tri-mode trains project," said chairman Raschid Abdullah.

"This new contract provides us with a strong start to 2021 and builds upon our order book."

At 1258 BST, shares in Petards Group were up 30% at 8.45p.

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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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