Persimmon Plc (LON:PSN - Get Free Report) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 1,230.77 ($16.56) and traded as high as GBX 1,350 ($18.17). Persimmon shares last traded at GBX 1,333 ($17.94), with a volume of 691,457 shares.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank reiterated a "hold" rating on shares of Persimmon in a report on Wednesday, March 12th.
Check Out Our Latest Analysis on PSN
Persimmon Price Performance
The company has a market capitalization of £4.28 billion, a P/E ratio of 16.69, a price-to-earnings-growth ratio of 0.83 and a beta of 1.37. 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 50-day moving average price is GBX 1,259.47 and its 200 day moving average price is GBX 1,231.26.
Persimmon (LON:PSN - Get Free Report) last issued its quarterly earnings data on Tuesday, March 11th. The company reported GBX 92.10 ($1.24) earnings per share (EPS) for the quarter. Persimmon had a net margin of 8.84% and a return on equity of 7.51%. Analysts anticipate that Persimmon Plc will post 98.2810615 EPS for the current fiscal year.
Persimmon Increases Dividend
The firm also recently declared a dividend, which will be paid on Friday, July 11th. Stockholders of record on Thursday, June 19th will be given a dividend of GBX 40 ($0.54) per share. The ex-dividend date of this dividend is Thursday, June 19th. This represents a dividend yield of 3.34%. This is a positive change from Persimmon's previous dividend of $20.00. Persimmon's dividend payout ratio is presently 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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