Pennon Group Plc (LON:PNN - Get Free Report)'s stock price dropped 20.8% on Monday . The company traded as low as GBX 422.60 ($5.24) and last traded at GBX 464.60 ($5.76). Approximately 527,841,875 shares changed hands during mid-day trading, an increase of 1,906% from the average daily volume of 26,317,779 shares. The stock had previously closed at GBX 586.26 ($7.27).
Pennon Group Stock Down 1.6 %
The company has a market capitalization of £1.28 billion, a price-to-earnings ratio of -11,150.00, a PEG 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 firm's 50 day simple moving average is GBX 557.63 and its 200-day simple moving average is GBX 578.71.
Pennon Group (LON:PNN - Get Free Report) last issued its quarterly earnings results 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, sell-side analysts anticipate that Pennon Group Plc will post 1.0402417 EPS for the current fiscal year.
Pennon Group Cuts Dividend
The firm also recently announced 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 dividend payout ratio (DPR) is -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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