Pennon Group (LON:PNN) Reaches New 12-Month Low – Should You Sell?

Pennon Group Plc (LON:PNNGet Free Report) reached a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 517.62 ($6.37) and last traded at GBX 517.75 ($6.37), with a volume of 602388 shares. The stock had previously closed at GBX 530 ($6.52).

Pennon Group Trading Down 2.4 %

The company has a market capitalization of £1.48 billion, a P/E ratio of -12,937.50, a P/E/G ratio of 8.20 and a beta of 0.29. The company has a 50-day simple moving average of GBX 581.32 and a 200 day simple moving average of GBX 593.64. The company has a debt-to-equity ratio of 343.14, a quick ratio of 1.54 and a current ratio of 0.97.

Pennon Group Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, April 4th. Investors of record on Thursday, January 30th will be paid a GBX 14.69 ($0.18) dividend. This represents a dividend yield of 2.53%. The ex-dividend date of this dividend is Thursday, January 30th. Pennon Group’s payout ratio is presently -152,500.00%.

Pennon Group Company Profile

(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.

Featured Articles

Receive News & Ratings for Pennon Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pennon Group and related companies with MarketBeat.com's FREE daily email newsletter.