Persimmon Plc (OTCMKTS:PSMMY - Get Free Report)'s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $38.98 and traded as low as $31.11. Persimmon shares last traded at $31.36, with a volume of 10,860 shares trading hands.
Analysts Set New Price Targets
A number of brokerages have commented on PSMMY. Citigroup upgraded shares of Persimmon from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, December 3rd. Royal Bank of Canada lowered shares of Persimmon from a "hold" rating to a "strong sell" rating in a research report on Monday, December 2nd.
Check Out Our Latest Analysis on PSMMY
Persimmon Trading Down 3.7 %
The company's fifty day moving average price is $35.67 and its 200-day moving average price is $38.88.
Persimmon Cuts Dividend
The company also recently announced a dividend, which was paid on Monday, November 25th. Stockholders of record on Friday, October 18th were paid a $0.4829 dividend. The ex-dividend date of this dividend was Friday, October 18th.
Persimmon Company Profile
(
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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.
Further Reading
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