Fresh Scoop Today

Pennon Group (LON:PNN) Trading Down 20.8% - Should You Sell?


Pennon Group (LON:PNN) Trading Down 20.8%  - Should You Sell?

Pennon Group Plc (LON:PNN - Get Free Report)'s stock price dropped 20.8% on Monday . The stock traded as low as GBX 422.60 ($5.26) and last traded at GBX 464.60 ($5.78). Approximately 527,841,875 shares were traded during trading, an increase of 1,906% from the average daily volume of 26,317,779 shares. The stock had previously closed at GBX 586.26 ($7.29).

The business has a fifty day moving average price of GBX 569.36 and a two-hundred day moving average price of GBX 583.41. The company has a current ratio of 0.97, a quick ratio of 1.54 and a debt-to-equity ratio of 343.14. The company has a market cap of £1.30 billion, a price-to-earnings ratio of -11,325.00, a P/E/G ratio of 8.20 and a beta of 0.29.

Pennon Group (LON:PNN - Get Free Report) last released its quarterly earnings data on Wednesday, November 27th. The company reported GBX (6.60) (($0.08)) earnings per share for the quarter. Pennon Group had a negative net margin of 1.05% and a negative return on equity of 0.74%. On average, equities analysts predict that Pennon Group Plc will post 1.0402417 earnings per share for the current year.

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

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.

Before you consider Pennon Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Pennon Group wasn't on the list.

While Pennon Group currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

Previous articleNext article

POPULAR CATEGORY

entertainment

11816

discovery

5435

multipurpose

12462

athletics

12400