Pennon Group Plc (LON:PNN - Get Free Report) dropped 25.4% during mid-day trading on Monday . The stock traded as low as GBX 423.80 ($5.27) and last traded at GBX 437.40 ($5.44). Approximately 1,419,395 shares changed hands during trading, a decline of 59% from the average daily volume of 3,429,845 shares. The stock had previously closed at GBX 586.26 ($7.29).
Pennon Group Stock Performance
The company has a debt-to-equity ratio of 343.14, a current ratio of 0.97 and a quick ratio of 1.54. The stock has a market cap of £1.30 billion, a price-to-earnings ratio of -11,330.00, a P/E/G ratio of 8.20 and a beta of 0.29. The stock's 50-day moving average is GBX 560.77 and its 200 day moving average is GBX 579.64.
Pennon Group (LON:PNN - Get Free Report) last issued 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 return on equity of 0.74% and a negative net margin of 1.05%. As a group, analysts predict that Pennon Group Plc will post 1.0402417 earnings per share for the current fiscal year.
Pennon Group Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Friday, April 4th. Investors of record on Thursday, January 30th will be given a dividend of GBX 14.69 ($0.18) per share. The ex-dividend date of this dividend is Thursday, January 30th. This represents a dividend yield of 2.53%. Pennon Group's dividend payout ratio is currently -152,500.00%.
Pennon Group Company Profile
(
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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.
Further Reading
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