Pennon Group Plc (LON:PNN - Get Free Report) insider Laura Flowerdew acquired 34 shares of the firm's stock in a transaction dated Wednesday, March 19th. The stock was bought at an average price of GBX 434 ($5.60) per share, with a total value of £147.56 ($190.55).
Laura Flowerdew also recently made the following trade(s):
- On Monday, January 20th, Laura Flowerdew acquired 28 shares of Pennon Group stock. The stock was purchased at an average price of GBX 528 ($6.82) per share, for a total transaction of £147.84 ($190.91).
Pennon Group Stock Performance
PNN traded down GBX 1.80 ($0.02) during trading on Monday, hitting GBX 439 ($5.67). 2,440,710 shares of the stock were exchanged, compared to its average volume of 6,688,125. The company has a quick ratio of 1.54, a current ratio of 0.97 and a debt-to-equity ratio of 341.72. Pennon Group Plc has a 1-year low of GBX 383 ($4.95) and a 1-year high of GBX 740.50 ($9.56). The stock has a fifty day moving average price of GBX 462.59 and a two-hundred day moving average price of GBX 540.84. The firm has a market capitalization of £2.03 billion, a P/E ratio of -123.43, a PEG ratio of 8.20 and a beta of 0.29.
Pennon Group Cuts Dividend
The firm also recently announced a dividend, which will be paid on Friday, April 4th. Stockholders of record on Thursday, January 30th will be issued a GBX 14.69 ($0.19) dividend. The ex-dividend date is Thursday, January 30th. This represents a dividend yield of 2.53%. Pennon Group's payout ratio is -1,715.11%.
Analyst Upgrades and Downgrades
Separately, Citigroup reissued a "neutral" rating and issued a GBX 497 ($6.42) target price on shares of Pennon Group in a report on Tuesday, February 18th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of GBX 766.75 ($9.90).
Get Our Latest Stock Report on Pennon Group
Pennon Group Company Profile
(
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At the top end of the FTSE250, Pennon is an infrastructure group, focused on the UK water market is one of only three listed water companies in the UK. Operating in a stable regulatory environment with a positive outlook, we are focused on long-term sustainable growth, through disciplined capital allocation, organic and acquisitive.
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