Pennon Group Plc (LON:PNN - Get Free Report)'s stock price traded down 24.7% on Monday . The stock traded as low as GBX 422.60 ($5.26) and last traded at GBX 441.60 ($5.49). 1,586,476 shares changed hands during mid-day trading, a decline of 54% from the average session volume of 3,437,110 shares. The stock had previously closed at GBX 586.26 ($7.29).
Pennon Group Price Performance
The business's fifty day moving average price is GBX 560.77 and its 200 day moving average price is GBX 579.64. The stock has a market cap of £1.30 billion, a P/E ratio of -11,330.00, a PEG ratio of 8.20 and a beta of 0.29. The company has a debt-to-equity ratio of 343.14, a current ratio of 0.97 and a quick ratio of 1.54.
Pennon Group (LON:PNN - Get Free Report) last released its 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 net margin of 1.05% and a negative return on equity of 0.74%. Sell-side analysts forecast that Pennon Group Plc will post 1.0402417 EPS for the current fiscal year.
Pennon Group Cuts Dividend
The business also recently declared a dividend, which will be paid on Friday, April 4th. Investors of record on Thursday, January 30th will be given a GBX 14.69 ($0.18) dividend. This represents a yield of 2.53%. The ex-dividend date of this dividend is Thursday, January 30th. Pennon Group's 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.
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