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.
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