Pennon Group Plc (LON:PNN - Get Free Report) traded down 20.8% during trading on Tuesday . The stock traded as low as GBX 422.60 ($5.28) and last traded at GBX 464.60 ($5.81). 527,841,875 shares were traded 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 ($7.33).
Pennon Group Trading Down 1.5 %
The firm 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 50 day moving average of GBX 563.98 and a 200 day moving average of GBX 580.53. The company has a debt-to-equity ratio of 343.14, a quick ratio of 1.54 and a current ratio of 0.97.
Pennon Group (LON:PNN - Get Free Report) last posted its earnings results on Wednesday, November 27th. The company reported GBX (6.60) (($0.08)) EPS for the quarter. Pennon Group had a negative return on equity of 0.74% and a negative net margin of 1.05%. Analysts predict that Pennon Group Plc will post 1.0402417 EPS for the current fiscal year.
Pennon Group Cuts Dividend
The business also recently announced a dividend, which will be paid on Friday, April 4th. Shareholders of record on Thursday, January 30th will be issued a dividend of GBX 14.69 ($0.18) per share. The ex-dividend date is Thursday, January 30th. This represents a yield of 2.53%. Pennon Group's dividend payout ratio (DPR) 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.
Featured Articles
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 "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Get this report to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.