Royal Bank of Canada cut shares of Persimmon (OTCMKTS:PSMMY – Free Report) from a hold rating to a strong sell rating in a research report released on Monday,Zacks.com reports.
Persimmon Price Performance
Shares of PSMMY opened at $32.01 on Monday. The stock’s 50 day moving average is $37.95 and its two-hundred day moving average is $39.24. Persimmon has a 12 month low of $30.87 and a 12 month high of $45.60.
Persimmon Cuts Dividend
The firm also recently declared a dividend, which was paid on Monday, November 25th. Shareholders of record on Friday, October 18th were paid a dividend of $0.4829 per share. The ex-dividend date of this dividend 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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