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Pennon Group (LON:PNN) Hits New 12-Month Low - Time to Sell?

Pennon Group logo with Utilities background

Shares of Pennon Group Plc (LON:PNN - Get Free Report) reached a new 52-week low on Thursday . The stock traded as low as GBX 539.10 ($6.99) and last traded at GBX 539.10 ($6.99), with a volume of 361069 shares traded. The stock had previously closed at GBX 551.50 ($7.15).

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. reissued a "neutral" rating on shares of Pennon Group in a research report on Friday, July 5th.

Read Our Latest Stock Analysis on PNN

Pennon Group Stock Performance

The stock has a market capitalization of £1.56 billion, a P/E ratio of -13,662.50, a price-to-earnings-growth ratio of 8.20 and a beta of 0.29. The company has a 50 day simple moving average of GBX 589.35 and a 200-day simple moving average of GBX 617.34. The company has a debt-to-equity ratio of 343.14, a current ratio of 0.97 and a quick ratio of 1.54.

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.

Further Reading

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