Persimmon Plc (LON:PSN - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,501.91 ($19.50) and traded as high as GBX 1,606.32 ($20.86). Persimmon shares last traded at GBX 1,581.50 ($20.53), with a volume of 563,052 shares traded.
Wall Street Analyst Weigh In
Separately, JPMorgan Chase & Co. reaffirmed an "overweight" rating on shares of Persimmon in a report on Friday, July 5th.
Check Out Our Latest Research Report on Persimmon
Persimmon Price Performance
The stock has a 50 day moving average of GBX 1,644.49 and a 200-day moving average of GBX 1,501.91. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.04 and a current ratio of 4.09. The company has a market cap of £5.07 billion, a PE ratio of 1,978.75, a price-to-earnings-growth ratio of 0.83 and a beta of 1.37.
Persimmon Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Friday, November 8th. Stockholders of record on Thursday, October 17th will be paid a GBX 20 ($0.26) dividend. This represents a dividend yield of 1.3%. The ex-dividend date of this dividend is Thursday, October 17th. Persimmon's payout ratio is 7,500.00%.
Insider Activity at Persimmon
In other Persimmon news, insider Andrew Duxbury sold 5,955 shares of the firm's stock in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of GBX 1,663 ($21.59), for a total transaction of £99,031.65 ($128,579.14). 3.01% of the stock is owned by insiders.
Persimmon Company Profile
(
Get Free Report)
Persimmon Plc, together with its subsidiaries, operates as a house builder in the United Kingdom. The company offers family housing under the Persimmon Homes brand name; housing under the Charles Church brand name; and social housing under the Westbury Partnerships brand name. It also provides broadband services under the FibreNest brand; and timber frame, insulated wall panels, and roof cassettes under the brand Space4.
Recommended Stories
Before you consider Persimmon, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Persimmon wasn't on the list.
While Persimmon currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
