Persimmon Plc (OTCMKTS:PSMMY – Get Free Report)’s share price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $38.98 and traded as low as $31.11. Persimmon shares last traded at $31.36, with a volume of 10,860 shares.
Wall Street Analysts Forecast Growth
PSMMY has been the topic of several analyst reports. Royal Bank of Canada downgraded Persimmon from a “hold” rating to a “strong sell” rating in a report on Monday, December 2nd. Citigroup raised Persimmon from a “hold” rating to a “strong-buy” rating in a report on Tuesday, December 3rd.
Get Our Latest Research Report on PSMMY
Persimmon Trading Up 0.5 %
Persimmon Cuts Dividend
The firm also recently declared a dividend, which was paid on Monday, November 25th. Stockholders of record on Friday, October 18th were issued a dividend of $0.4829 per share. The ex-dividend date was Friday, October 18th.
About Persimmon
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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