Pennon Group Plc (OTCMKTS:PEGRY – Get Free Report) shares passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $14.54 and traded as low as $12.66. Pennon Group shares last traded at $12.66, with a volume of 29,084 shares.
Pennon Group Price Performance
The business’s fifty day moving average is $14.54 and its 200-day moving average is $15.26.
Pennon Group Cuts Dividend
The company also recently announced a dividend, which will be paid on Monday, April 21st. Investors of record on Friday, January 31st will be issued a $0.3658 dividend. The ex-dividend date of this dividend is Friday, January 31st. Pennon Group’s payout ratio is currently 29.39%.
Pennon Group Company Profile
Pennon Group Plc provides clean water and wastewater services in the United Kingdom. It provides water and wastewater services for customers in Cornwall, Devon, and parts of Dorset and Somerset; water-only services in the areas of Dorset, Hampshire, and Wiltshire; and water and wastewater retail services to non-household customers in Great Britain.
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