Pennon Group (LON:PNN) Reaches New 1-Year Low – What’s Next?

Pennon Group Plc (LON:PNN)’s stock price reached a new 52-week low during trading on Wednesday . The company traded as low as GBX 472.20 ($5.88) and last traded at GBX 485 ($6.03), with a volume of 79746250 shares. The stock had previously closed at GBX 515.50 ($6.41).

Pennon Group Price Performance

The company has a debt-to-equity ratio of 343.14, a current ratio of 0.97 and a quick ratio of 1.54. The firm has a market capitalization of £1.54 billion, a price-to-earnings ratio of -13,437.50, a PEG ratio of 8.20 and a beta of 0.29. The business’s fifty day simple moving average is GBX 572.73 and its 200 day simple moving average is GBX 586.20.

Pennon Group (LON:PNN) 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, research analysts forecast that Pennon Group Plc will post 1.0402417 EPS for the current year.

Pennon Group Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, April 4th. Shareholders 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 dividend payout ratio (DPR) is -152,500.00%.

Pennon Group Company Profile

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.