Pennon Group Plc (LON:PNN - Get Free Report) reached a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 517.62 ($6.32) and last traded at GBX 517.75 ($6.32), with a volume of 602388 shares. The stock had previously closed at GBX 530 ($6.47).
Pennon Group Trading Down 2.0 %
The stock has a market capitalization of £1.49 billion, a price-to-earnings ratio of -12,987.50, a PEG ratio of 8.20 and a beta of 0.29. The company's 50 day moving average is GBX 581.32 and its 200 day moving average is GBX 593.64. The company has a debt-to-equity ratio of 343.14, a quick ratio of 1.54 and a current ratio of 0.97.
Pennon Group Cuts Dividend
The firm also recently disclosed a dividend, which will be paid on Friday, April 4th. Stockholders of record on Thursday, January 30th will be issued a dividend of GBX 14.69 ($0.18) per share. This represents a dividend yield of 2.53%. The ex-dividend date is Thursday, January 30th. Pennon Group's payout ratio is -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.
Further Reading
Before you consider Pennon Group, 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 Pennon Group wasn't on the list.
While Pennon Group currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
