Laura Flowerdew Acquires 28 Shares of Pennon Group Plc (LON:PNN) Stock

Pennon Group Plc (LON:PNN) insider Laura Flowerdew acquired 28 shares of the company’s stock in a transaction dated Monday, January 20th. The stock was acquired at an average cost of GBX 528 ($6.52) per share, for a total transaction of £147.84 ($182.61).

Laura Flowerdew also recently made the following trade(s):

• On Thursday, December 19th, Laura Flowerdew bought 25 shares of Pennon Group stock. The shares were acquired at an average cost of GBX 606 ($7.49) per share, with a total value of £151.50 ($187.13).
• On Tuesday, November 19th, Laura Flowerdew purchased 26 shares of Pennon Group stock. The stock was acquired at an average cost of GBX 570 ($7.04) per share, for a total transaction of £148.20 ($183.05).

Pennon Group Stock Performance

Shares of PNN stock opened at GBX 516.50 ($6.38) on Friday. The firm has a 50 day moving average of GBX 576.11 and a 200-day moving average of GBX 588.98. The company has a market cap of £1.48 billion, a price-to-earnings ratio of -12,912.50, a price-to-earnings-growth ratio of 8.20 and a beta of 0.29. The company has a quick ratio of 1.54, a current ratio of 0.97 and a debt-to-equity ratio of 343.14. Pennon Group Plc has a 52 week low of GBX 486.40 ($6.01) and a 52 week high of GBX 740.50 ($9.15).

Pennon Group (LON:PNN) last announced its quarterly earnings data on Wednesday, November 27th. The company reported GBX (6.60) (($0.08)) EPS for the quarter. Pennon Group had a negative net margin of 1.05% and a negative return on equity of 0.74%. On average, equities analysts forecast that Pennon Group Plc will post 1.0402417 earnings per share for the current year.

Pennon Group Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, April 4th. Stockholders of record on Thursday, January 30th will be given a dividend of GBX 14.69 ($0.18) per share. This represents a dividend yield of 2.53%. The ex-dividend date is Thursday, January 30th. Pennon Group’s payout ratio is presently -152,500.00%.

Pennon Group Company Profile

At the top end of the FTSE250, Pennon is an infrastructure group, focused on the UK water market is one of only three listed water companies in the UK. Operating in a stable regulatory environment with a positive outlook, we are focused on long-term sustainable growth, through disciplined capital allocation, organic and acquisitive.