Free Trial

Persimmon (LON:PSN) Stock Passes Above 200 Day Moving Average - What's Next?

Persimmon logo with Consumer Cyclical background

Persimmon Plc (LON:PSN - Get Free Report) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred 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 research note on Wednesday, March 12th.

Read Our Latest Research Report on PSN

Persimmon Trading Down 1.3%

The firm has a market cap of £3.89 billion, a price-to-earnings ratio of 15.15, a PEG ratio of 0.83 and a beta of 1.37. The company has a 50-day moving average price of GBX 1,331.55 and a 200 day moving average price of GBX 1,241.78. The company has a quick ratio of 1.04, a current ratio of 4.09 and a debt-to-equity ratio of 4.91.

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.

See Also

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 Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.

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

Featured Articles and Offers

Recent Videos

5 Stocks to BUY NOW in August 2025
The $2.5B Merger No One Is Talking About
ALERT: Big Tech Earnings – Watch Before Wednesday

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines