Persimmon Plc (LON:PSN - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,265.87 ($16.80) and traded as high as GBX 1,306.50 ($17.34). Persimmon shares last traded at GBX 1,293.93 ($17.17), with a volume of 1,097,957 shares changing hands.
Wall Street Analyst Weigh In
Separately, Berenberg Bank reiterated a "hold" rating on shares of Persimmon in a research report on Wednesday, March 12th.
Check Out Our Latest Research Report on PSN
Persimmon Trading Up 1.4 %
The stock has a market capitalization of £4.34 billion, a PE ratio of 16.90, a P/E/G ratio of 0.83 and a beta of 1.37. The company has a debt-to-equity ratio of 4.91, a current ratio of 4.09 and a quick ratio of 1.04. The company's 50 day moving average price is GBX 1,194.75 and its two-hundred day moving average price is GBX 1,257.67.
Persimmon (LON:PSN - Get Free Report) last issued its earnings results 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%. As a group, analysts expect that Persimmon Plc will post 98.2810615 earnings per share for the current year.
Persimmon Increases Dividend
The business also recently declared a dividend, which will be paid on Friday, July 11th. Stockholders of record on Thursday, June 19th will be issued a dividend of GBX 40 ($0.53) per share. This represents a dividend yield of 3.34%. The ex-dividend date of this dividend is Thursday, June 19th. This is a positive change from Persimmon's previous dividend of $20.00. Persimmon's payout ratio 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.
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