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Pennon Group (LON:PNN) Stock Passes Above 200-Day Moving Average - Should You Sell?

Pennon Group logo with Utilities background

Shares of Pennon Group Plc (LON:PNN - Get Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 596.07 ($7.52) and traded as high as GBX 619.50 ($7.82). Pennon Group shares last traded at GBX 619.50 ($7.82), with a volume of 566,277 shares trading hands.

Pennon Group Stock Up 0.7 %

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 50 day simple moving average of GBX 573.85 and a 200-day simple moving average of GBX 596.07. The firm has a market cap of £1.78 billion, a PE ratio of -15,501.28, a PEG ratio of 8.20 and a beta of 0.29.

Pennon Group Cuts Dividend

The company 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 ($0.19) per share. This represents a yield of 2.53%. The ex-dividend date is Thursday, January 30th. Pennon Group's dividend payout ratio (DPR) is -152,500.00%.

Pennon Group Company Profile

(Get Free Report)

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.

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