Pennon Group (LON:PNN) Stock Price Crosses Above 200 Day Moving Average - Should You Sell?

Pennon Group Plc (LON:PNN - Get Free Report) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 486.43 ($6.61) and traded as high as GBX 495.20 ($6.73). Pennon Group shares last traded at GBX 480.24 ($6.53), with a volume of 1,333,516 shares traded.

Pennon Group Trading Up 2.9%

The company has a market cap of £2.29 billion, a PE ratio of -138.90, a PEG ratio of 8.20 and a beta of 0.29. The company has a debt-to-equity ratio of 341.72, a current ratio of 0.97 and a quick ratio of 1.54. The firm's 50 day moving average is GBX 495.61 and its 200 day moving average is GBX 486.43.

Pennon Group (LON:PNN - Get Free Report) last announced its quarterly earnings data on Tuesday, June 3rd. The company reported GBX (10.30) (($0.14)) earnings per share for the quarter. Pennon Group had a negative return on equity of 0.88% and a negative net margin of 1.05%. On average, equities analysts anticipate that Pennon Group Plc will post 1.0402417 earnings per share for the current year.

About Pennon Group

At the top end of the FTSE 250, 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.