Pennon Group (LON:PNN) Shares Down 20.8% - What's Next?

Pennon Group Plc (LON:PNN - Get Free Report) shares traded down 20.8% during mid-day trading on Monday . The stock 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 session volume of 26,317,779 shares. The stock had previously closed at GBX 586.26 ($7.27).

Pennon Group Stock Performance

The stock has a fifty day moving average price of GBX 557.63 and a 200 day moving average price of GBX 578.71. The company has a current ratio of 0.97, a quick ratio of 1.54 and a debt-to-equity ratio of 343.14. The firm has a market cap of £1.28 billion, a price-to-earnings ratio of -11,150.00, a price-to-earnings-growth ratio of 8.20 and a beta of 0.29.

Pennon Group (LON:PNN - Get Free Report) last released its quarterly earnings results on Wednesday, November 27th. The company reported GBX (6.60) (($0.08)) EPS 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, analysts predict that Pennon Group Plc will post 1.0402417 earnings per share for the current year.

Pennon Group Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, April 4th. Shareholders of record on Thursday, January 30th will be issued a dividend of GBX 14.69 ($0.18) 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

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.