Persimmon Plc (LON:PSN - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,231.99 ($16.68) and traded as high as GBX 1,308.50 ($17.71). Persimmon shares last traded at GBX 1,289.50 ($17.45), with a volume of 1,079,064 shares changing hands.
Analyst Upgrades and Downgrades
Separately, Berenberg Bank reaffirmed a "hold" rating on shares of Persimmon in a report on Wednesday, March 12th.
View Our Latest Research Report on Persimmon
Persimmon Stock Performance
The firm has a 50 day simple moving average of GBX 1,269.43 and a 200-day simple moving average of GBX 1,232.42. 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 has a market cap of £4.13 billion, a price-to-earnings ratio of 16.09, a PEG ratio of 0.83 and a beta of 1.37.
Persimmon (LON:PSN - Get Free Report) last posted its earnings results on Tuesday, March 11th. The company reported GBX 92.10 ($1.25) 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, analysts predict that Persimmon Plc will post 98.2810615 EPS for the current fiscal year.
Persimmon Increases Dividend
The business also recently announced a dividend, which will be paid on Friday, July 11th. Investors of record on Thursday, June 19th will be issued a GBX 40 ($0.54) dividend. The ex-dividend date is Thursday, June 19th. This is a positive change from Persimmon's previous dividend of $20.00. This represents a yield of 3.34%. Persimmon's dividend payout ratio (DPR) is 75.12%.
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.
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