Persimmon Plc (LON:PSN - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,241.81 ($16.96) and traded as high as GBX 1,307.50 ($17.85). Persimmon shares last traded at GBX 1,210.50 ($16.53), with a volume of 2,678,291 shares traded.
Wall Street Analyst Weigh In
Separately, Berenberg Bank reissued a "hold" rating on shares of Persimmon in a report on Wednesday, March 12th.
Read Our Latest Research Report on PSN
Persimmon Trading Up 1.7%
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's fifty day moving average is GBX 1,332.64 and its two-hundred day moving average is GBX 1,241.81. The firm has a market cap of £3.96 billion, a price-to-earnings ratio of 15.42, a price-to-earnings-growth ratio of 0.83 and a beta of 1.37.
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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
Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
