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Persimmon (OTCMKTS:PSMMY) Share Price Crosses Below 50-Day Moving Average - Time to Sell?

Persimmon logo with Construction background

Persimmon Plc (OTCMKTS:PSMMY - Get Free Report)'s stock price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $30.98 and traded as low as $29.94. Persimmon shares last traded at $29.94, with a volume of 6,294 shares traded.

Persimmon Stock Up 7.7 %

The company's 50 day moving average price is $30.76 and its 200 day moving average price is $33.26.

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.

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