Pennon Group Plc (LON:PNN - Get Free Report)'s share price was down 20.8% during mid-day trading on Monday . The company traded as low as GBX 422.60 ($5.24) and last traded at GBX 464.60 ($5.76). Approximately 527,841,875 shares were traded during trading, an increase of 1,906% from the average daily volume of 26,317,779 shares. The stock had previously closed at GBX 586.26 ($7.27).
Pennon Group Trading Down 1.6 %
The firm's 50-day simple moving average is GBX 557.63 and its 200 day simple moving average is GBX 578.16. The stock has a market cap of £1.28 billion, a P/E ratio of -11,150.00, a PEG ratio of 8.20 and a beta of 0.29. The company has a current ratio of 0.97, a quick ratio of 1.54 and a debt-to-equity ratio of 343.14.
Pennon Group (LON:PNN - Get Free Report) last issued its quarterly earnings data on Wednesday, November 27th. The company reported GBX (6.60) (($0.08)) earnings per share for the quarter. Pennon Group had a negative net margin of 1.05% and a negative return on equity of 0.74%. As a group, equities research analysts anticipate that Pennon Group Plc will post 1.0402417 earnings per share for the current year.
Pennon Group Cuts Dividend
The company also recently announced a dividend, which will be paid on Friday, April 4th. Investors of record on Thursday, January 30th will be paid a dividend of GBX 14.69 ($0.18) per share. The ex-dividend date of this dividend is Thursday, January 30th. This represents a yield of 2.53%. Pennon Group's dividend payout ratio is currently -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.
See Also
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 "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
