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Pennon Group (LON:PNN) Reaches New 12-Month Low - Should You Sell?

Pennon Group logo with Utilities background

Pennon Group Plc (LON:PNN - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 472.20 ($5.85) and last traded at GBX 485 ($6.01), with a volume of 79746250 shares changing hands. The stock had previously closed at GBX 515.50 ($6.39).

Pennon Group Price Performance

The company has a market cap of £1.68 billion, a PE ratio of -14,656.50, a price-to-earnings-growth ratio of 8.20 and a beta of 0.29. The stock has a fifty day moving average price of GBX 572.04 and a 200-day moving average price of GBX 584.94. The company has a debt-to-equity ratio of 343.14, a current ratio of 0.97 and a quick ratio of 1.54.

Pennon Group (LON:PNN - Get Free Report) last announced its quarterly earnings data on Wednesday, November 27th. The company reported GBX (6.60) (($0.08)) earnings per share (EPS) for the quarter. Pennon Group had a negative return on equity of 0.74% and a negative net margin of 1.05%. On average, equities analysts expect that Pennon Group Plc will post 1.0402417 earnings per share for the current year.

Pennon Group Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, April 4th. Investors of record on Thursday, January 30th will be given a dividend of GBX 14.69 ($0.18) per share. This represents a yield of 2.53%. The ex-dividend date of this dividend is Thursday, January 30th. Pennon Group's payout ratio is presently -152,500.00%.

About Pennon Group

(Get Free Report)

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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