Insider Buying: Pennon Group Plc (LON:PNN) Insider Acquires 26 Shares of Stock

Pennon Group Plc (LON:PNN - Get Free Report) insider Laura Flowerdew purchased 26 shares of the firm's stock in a transaction on Monday, October 21st. The stock was acquired at an average cost of GBX 577 ($7.49) per share, for a total transaction of £150.02 ($194.78).

Pennon Group Stock Up 1.6 %

PNN traded up GBX 9.50 ($0.12) on Tuesday, reaching GBX 590 ($7.66). The company's stock had a trading volume of 679,952 shares, compared to its average volume of 1,228,217. Pennon Group Plc has a 1 year low of GBX 540 ($7.01) and a 1 year high of GBX 775 ($10.06). The business's 50 day moving average is GBX 594.59 and its 200 day moving average is GBX 621.41. The company has a debt-to-equity ratio of 343.14, a current ratio of 0.97 and a quick ratio of 1.54. The stock has a market cap of £1.69 billion, a price-to-earnings ratio of -14,787.50, a price-to-earnings-growth ratio of 8.20 and a beta of 0.29.

Analysts Set New Price Targets

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

About Pennon Group

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.