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Insider Buying: Pennon Group Plc (LON:PNN) Insider Buys 25 Shares of Stock

Pennon Group logo with Utilities background

Pennon Group Plc (LON:PNN - Get Free Report) insider Laura Flowerdew acquired 25 shares of the company's stock in a transaction on Thursday, December 19th. The shares were purchased at an average cost of GBX 606 ($7.62) per share, with a total value of £151.50 ($190.40).

Laura Flowerdew also recently made the following trade(s):

  • On Tuesday, November 19th, Laura Flowerdew purchased 26 shares of Pennon Group stock. The shares were acquired at an average price of GBX 570 ($7.16) per share, with a total value of £148.20 ($186.25).
  • On Monday, October 21st, Laura Flowerdew acquired 26 shares of Pennon Group stock. The stock was acquired at an average price of GBX 577 ($7.25) per share, for a total transaction of £150.02 ($188.54).

Pennon Group Trading Down 1.1 %

PNN traded down GBX 6.50 ($0.08) during trading on Friday, reaching GBX 581 ($7.30). 3,636,514 shares of the company's stock were exchanged, compared to its average volume of 1,195,544. The company's fifty day moving average price is GBX 578.34 and its 200-day moving average price is GBX 596.06. The company has a debt-to-equity ratio of 343.14, a quick ratio of 1.54 and a current ratio of 0.97. The firm has a market capitalization of £1.66 billion, a PE ratio of -14,525.00, a P/E/G ratio of 8.20 and a beta of 0.29. Pennon Group Plc has a fifty-two week low of GBX 518 ($6.51) and a fifty-two week high of GBX 775 ($9.74).

Pennon Group Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, April 4th. Investors of record on Thursday, January 30th will be given a dividend of GBX 14.69 ($0.18) per share. This represents a yield of 2.53%. The ex-dividend date of this dividend is Thursday, January 30th. Pennon Group's dividend payout ratio is currently -152,500.00%.

About Pennon Group

(Get Free Report)

Pennon Group Plc provides clean water and wastewater services in the United Kingdom. It provides water and wastewater services for customers in Cornwall, Devon, and parts of Dorset and Somerset; water-only services in the areas of Dorset, Hampshire, and Wiltshire; and water and wastewater retail services to non-household customers in Great Britain.

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