Insider Buying: Pennon Group Plc (LON:PNN) Insider Buys 31 Shares of Stock

Pennon Group Plc (LON:PNN - Get Free Report) insider Susan Davy purchased 31 shares of Pennon Group stock in a transaction on Thursday, June 19th. The stock was bought at an average price of GBX 484 ($6.64) per share, for a total transaction of £150.04 ($205.90).

Susan Davy also recently made the following trade(s):

• On Monday, May 19th, Susan Davy acquired 30 shares of Pennon Group stock. The shares were purchased at an average cost of GBX 496 ($6.81) per share, for a total transaction of £148.80 ($204.20).
• On Tuesday, April 22nd, Susan Davy bought 30 shares of Pennon Group stock. The stock was acquired at an average cost of GBX 499 ($6.85) per share, with a total value of £149.70 ($205.43).

Pennon Group Price Performance

PNN traded up GBX 4.20 ($0.06) during trading hours on Thursday, hitting GBX 496 ($6.81). The company's stock had a trading volume of 678,969 shares, compared to its average volume of 3,964,116. The stock has a market cap of £2.30 billion, a price-to-earnings ratio of -139.46, a P/E/G ratio of 8.20 and a beta of 0.29. The business's 50-day moving average price is GBX 494.46 and its 200-day moving average price is GBX 493.96. The company has a current ratio of 0.97, a quick ratio of 1.54 and a debt-to-equity ratio of 341.72. Pennon Group Plc has a 12 month low of GBX 383 ($5.26) and a 12 month high of GBX 691 ($9.48).

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

Pennon Group Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, April 4th. Shareholders of record on Thursday, January 30th were given a dividend of GBX 14.69 ($0.20) per share. The ex-dividend date of this dividend was Thursday, January 30th. This represents a yield of 2.53%. Pennon Group's dividend payout ratio (DPR) is presently -1,715.11%.

Pennon Group Company Profile

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.