Persimmon Plc (OTCMKTS:PSMMY - Get Free Report) shares fell 8.9% during mid-day trading on Wednesday . The stock traded as low as $33.03 and last traded at $33.03. 4,129 shares changed hands during trading, a decline of 83% from the average session volume of 24,137 shares. The stock had previously closed at $36.25.
Analyst Ratings Changes
Separately, Morgan Stanley reissued an "overweight" rating on shares of Persimmon in a research note on Tuesday, May 6th.
View Our Latest Report on Persimmon
Persimmon Trading Down 7.4%
The firm's fifty day simple moving average is $36.08 and its two-hundred day simple moving average is $32.37.
Persimmon Increases Dividend
The business also recently declared a dividend, which will be paid on Monday, July 28th. Shareholders of record on Monday, June 23rd will be issued a $0.9997 dividend. This is an increase from Persimmon's previous dividend of $0.48. This represents a yield of 3.94%. The ex-dividend date of this dividend is Friday, June 20th.
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.
Read More
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
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.