Pennon Group (LON:PNN) Shares Down 20.8% – Should You Sell?

Pennon Group Plc (LON:PNN)’s stock price fell 20.8% during trading on Monday . The company traded as low as GBX 422.60 ($5.28) and last traded at GBX 464.60 ($5.81). 527,841,875 shares traded hands during mid-day trading, an increase of 1,906% from the average session volume of 26,317,779 shares. The stock had previously closed at GBX 586.26 ($7.33).

Pennon Group Stock Up 1.5 %

The company has a debt-to-equity ratio of 343.14, a quick ratio of 1.54 and a current ratio of 0.97. The company has a market cap of £1.32 billion, a PE ratio of -11,500.00, a PEG ratio of 8.20 and a beta of 0.29. The firm has a fifty day simple moving average of GBX 566.82 and a 200 day simple moving average of GBX 581.92.

Pennon Group (LON:PNN) last issued its quarterly earnings data on Wednesday, November 27th. The company reported GBX (6.60) (($0.08)) EPS for the quarter. Pennon Group had a negative return on equity of 0.74% and a negative net margin of 1.05%. Equities research analysts predict that Pennon Group Plc will post 1.0402417 EPS for the current year.

Pennon Group Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, April 4th. Shareholders of record on Thursday, January 30th will be issued a dividend of GBX 14.69 ($0.18) per share. The ex-dividend date is Thursday, January 30th. This represents a dividend yield of 2.53%. 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.