Pennon Group Plc (LON:PNN - Get Free Report) dropped 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 traded hands 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 Price Performance
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 P/E ratio of -11,150.00, a PEG ratio of 8.20 and a beta of 0.29. The firm has a 50-day simple moving average of GBX 557.63 and a 200-day simple moving average of GBX 578.71.
Pennon Group (LON:PNN - Get Free Report) last announced its earnings results on Wednesday, November 27th. The company reported GBX (6.60) (($0.08)) earnings per share (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 forecast that Pennon Group Plc will post 1.0402417 EPS for the current year.
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 given a GBX 14.69 ($0.18) dividend. The ex-dividend date is Thursday, January 30th. This represents a dividend yield of 2.53%. Pennon Group's payout ratio is -152,500.00%.
About Pennon Group
(
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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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