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Persimmon (OTCMKTS:PSMMY) Reaches New 1-Year Low - Here's Why

Persimmon logo with Construction background

Persimmon Plc (OTCMKTS:PSMMY - Get Free Report)'s stock price reached a new 52-week low during trading on Monday . The stock traded as low as $29.32 and last traded at $29.57, with a volume of 19210 shares changing hands. The stock had previously closed at $29.67.

Analyst Ratings Changes

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

Read Our Latest Research Report on PSMMY

Persimmon Stock Performance

The stock has a 50-day moving average price of $33.83 and a 200-day moving average price of $38.50.

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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