Shares of Persimmon Plc (LON:PSN - Get Free Report) passed 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 changing hands.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank reissued a "hold" rating on shares of Persimmon in a research note on Wednesday, March 12th.
Get Our Latest Stock Report on PSN
Persimmon Price Performance
The stock has a market cap of £4.39 billion, a PE ratio of 17.10, a PEG ratio of 0.83 and a beta of 1.37. The company has a current ratio of 4.09, a quick ratio of 1.04 and a debt-to-equity ratio of 4.91. The business has a 50-day moving average price of GBX 1,215.73 and a 200 day moving average price of GBX 1,247.43.
Persimmon (LON:PSN - Get Free Report) last posted its quarterly earnings data on Tuesday, March 11th. The company reported GBX 92.10 ($1.21) earnings per share (EPS) for the quarter. Persimmon had a return on equity of 7.51% and a net margin of 8.84%. As a group, research analysts forecast that Persimmon Plc will post 98.2810615 earnings per share for the current fiscal year.
Persimmon Increases Dividend
The firm 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. This represents a yield of 3.34%. The ex-dividend date is Thursday, June 19th. This is an increase from Persimmon's previous dividend of $20.00. Persimmon's payout ratio is currently 75.12%.
Persimmon Company Profile
(
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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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