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Persimmon (OTCMKTS:PSMMY) Sets New 1-Year Low - Should You Sell?

Persimmon logo with Construction background

Persimmon Plc (OTCMKTS:PSMMY - Get Free Report) reached a new 52-week low during trading on Tuesday . The company traded as low as $29.70 and last traded at $30.13, with a volume of 3575 shares trading hands. The stock had previously closed at $30.47.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on PSMMY shares. Royal Bank of Canada lowered shares of Persimmon from a "hold" rating to a "strong sell" rating in a report on Monday, December 2nd. Citigroup upgraded Persimmon from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, December 3rd.

View Our Latest Stock Report on PSMMY

Persimmon Price Performance

The stock has a fifty day moving average price of $34.70 and a two-hundred day moving average price of $38.66.

Persimmon Company Profile

(Get Free Report)

Persimmon Plc, together with its subsidiaries, operates as a house builder in the United Kingdom. The company offers family housing under the Persimmon Homes brand name; housing under the Charles Church brand name; and social housing under the Westbury Partnerships brand name. It also provides broadband services under the FibreNest brand; and timber frame, insulated wall panels, and roof cassettes under the brand Space4.

See Also

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