Pennon Group Plc (OTCMKTS:PEGRY – Get Free Report)’s stock price gapped up before the market opened on Thursday. The stock had previously closed at $9.71, but opened at $10.38. Pennon Group shares last traded at $10.19, with a volume of 3,640 shares changing hands.
Pennon Group Trading Up 4.2%
The company’s 50-day simple moving average is $11.34 and its two-hundred day simple moving average is $13.30.
About Pennon Group
Pennon Group plc is a United Kingdom-based environmental infrastructure company focused primarily on regulated water and wastewater services. Through its water businesses, the group provides drinking water, sewerage, wastewater treatment, and related services to households, businesses, and other organizations.
Its principal subsidiary, South West Water, serves customers across Devon, Cornwall, the Isles of Scilly, and parts of Dorset. Pennon also owns Bristol Water, which supplies customers in Bristol and surrounding areas, and SES Water, serving parts of Surrey and neighboring communities.
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