Pennon Group Plc (LON:PNN - Get Free Report) shares dropped 20.4% during mid-day trading on Monday . The stock traded as low as GBX 422.60 ($5.28) and last traded at GBX 466.80 ($5.84). Approximately 2,457,815 shares changed hands during mid-day trading, a decline of 29% from the average daily volume of 3,474,994 shares. The stock had previously closed at GBX 586.26 ($7.33).
Pennon Group Stock Down 1.5 %
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 £1.30 billion, a price-to-earnings ratio of -11,330.00, a PEG ratio of 8.20 and a beta of 0.29. The firm's 50 day simple moving average is GBX 563.98 and its two-hundred day simple moving average is GBX 580.53.
Pennon Group (LON:PNN - Get Free Report) last announced its quarterly earnings data on Wednesday, November 27th. The company reported GBX (6.60) (($0.08)) earnings per share (EPS) for the quarter. Pennon Group had a negative return on equity of 0.74% and a negative net margin of 1.05%. On average, equities analysts forecast that Pennon Group Plc will post 1.0402417 EPS for the current year.
Pennon Group Cuts Dividend
The firm also recently declared a dividend, which will be paid on Friday, April 4th. Stockholders of record on Thursday, January 30th will be paid a dividend of GBX 14.69 ($0.18) per share. This represents a dividend yield of 2.53%. The ex-dividend date 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.
Recommended Stories
Before you consider Pennon Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Pennon Group wasn't on the list.
While Pennon Group currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
