Persimmon Plc (LON:PSN - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,265.87 ($16.79) and traded as high as GBX 1,306.50 ($17.33). Persimmon shares last traded at GBX 1,293.93 ($17.17), with a volume of 1,097,957 shares.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank reissued a "hold" rating on shares of Persimmon in a report on Wednesday, March 12th.
Read Our Latest Analysis on PSN
Persimmon Trading Up 1.4 %
The company has a 50 day moving average of GBX 1,191.86 and a 200 day moving average of GBX 1,261.66. The company has a debt-to-equity ratio of 4.91, a quick ratio of 1.04 and a current ratio of 4.09. The stock has a market capitalization of £4.34 billion, a price-to-earnings ratio of 16.90, a P/E/G ratio of 0.83 and a beta of 1.37.
Persimmon (LON:PSN - Get Free Report) last released its quarterly earnings data on Tuesday, March 11th. The company reported GBX 92.10 ($1.22) earnings per share for the quarter. Persimmon had a return on equity of 7.51% and a net margin of 8.84%. On average, research analysts predict that Persimmon Plc will post 98.2810615 EPS for the current fiscal year.
Persimmon Increases Dividend
The firm also recently announced a dividend, which will be paid on Friday, July 11th. Shareholders of record on Thursday, June 19th will be paid a dividend of GBX 40 ($0.53) per share. This is a boost from Persimmon's previous dividend of $20.00. The ex-dividend date is Thursday, June 19th. This represents a yield of 3.34%. Persimmon's dividend payout ratio (DPR) is 75.12%.
About Persimmon
(
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.
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