Pennon Group Plc (LON:PNN - Get Free Report)'s share price fell 20.8% on Tuesday . The stock traded as low as GBX 422.60 ($5.24) and last traded at GBX 464.60 ($5.76). 527,841,875 shares changed hands during mid-day 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 Price Performance
The firm has a market cap of £1.28 billion, a price-to-earnings ratio of -11,150.00, a P/E/G 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. The stock's fifty day moving average price is GBX 557.63 and its 200-day moving average price is GBX 578.16.
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)) earnings per share for the quarter. Pennon Group had a negative return on equity of 0.74% and a negative net margin of 1.05%. As a group, equities research analysts forecast that Pennon Group Plc will post 1.0402417 earnings per share for the current fiscal year.
Pennon Group Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Friday, April 4th. Stockholders of record on Thursday, January 30th will be paid 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 presently -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.
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