Free Trial

Persimmon (LON:PSN) Stock Price Crosses Above 200-Day Moving Average - Time to Sell?

Persimmon logo with Consumer Cyclical background

Persimmon Plc (LON:PSN - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1,254.43 ($16.53) and traded as high as GBX 1,357.50 ($17.89). Persimmon shares last traded at GBX 1,343 ($17.69), with a volume of 7,022,272 shares trading hands.

Analyst Ratings Changes

Separately, Berenberg Bank restated a "hold" rating on shares of Persimmon in a research report on Wednesday, March 12th.

Read Our Latest Report on Persimmon

Persimmon Trading Up 1.6%

The company has a quick ratio of 1.04, a current ratio of 4.09 and a debt-to-equity ratio of 4.91. The business has a 50-day simple moving average of GBX 1,215.73 and a 200-day simple moving average of GBX 1,247.43. The company has a market cap of £4.39 billion, a PE ratio of 17.10, a price-to-earnings-growth ratio of 0.83 and a beta of 1.37.

Persimmon (LON:PSN - Get Free Report) last announced its quarterly earnings data on Tuesday, March 11th. The company reported GBX 92.10 ($1.21) EPS for the quarter. Persimmon had a return on equity of 7.51% and a net margin of 8.84%. On average, analysts predict that Persimmon Plc will post 98.2810615 EPS for the current fiscal year.

Persimmon Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, July 11th. Investors of record on Thursday, June 19th will be issued a dividend of GBX 40 ($0.53) per share. The ex-dividend date of this dividend is Thursday, June 19th. This is an increase from Persimmon's previous dividend of $20.00. This represents a dividend yield of 3.34%. Persimmon's dividend payout ratio (DPR) is currently 75.12%.

Persimmon Company Profile

(Get Free Report)

Persimmon Plc, together with its subsidiaries, operates as a house builder in the United Kingdom. The company offers family housing under the Persimmon Homes brand name; housing under the Charles Church brand name; and social housing under the Westbury Partnerships brand name. It also provides broadband services under the FibreNest brand; and timber frame, insulated wall panels, and roof cassettes under the brand Space4.

Further Reading

Should You Invest $1,000 in Persimmon Right Now?

Before you consider Persimmon, 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 Persimmon wasn't on the list.

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

View The Five Stocks Here

The 10 Best AI Stocks to Own in 2025 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Congress Is Pouring Millions Into These 6 Surprising Stocks
3 Dirt-Cheap Stocks in a Market That’s Getting Expensive
Top 3 Defense Stocks to Profit From $175 Billion Golden Dome

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines