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

Pennon Group Plc (LON:PNN) insider Laura Flowerdew bought 28 shares of the business’s stock in a transaction on Monday, January 20th. The stock was purchased at an average price of GBX 528 ($6.51) per share, with a total value of £147.84 ($182.27).

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

• On Thursday, December 19th, Laura Flowerdew acquired 25 shares of Pennon Group stock. The stock was acquired at an average cost of GBX 606 ($7.47) per share, for a total transaction of £151.50 ($186.78).
• On Tuesday, November 19th, Laura Flowerdew bought 26 shares of Pennon Group stock. The shares were acquired at an average cost of GBX 570 ($7.03) per share, with a total value of £148.20 ($182.71).

Pennon Group Trading Up 0.8 %

Pennon Group stock opened at GBX 537 ($6.62) on Wednesday. The firm has a market cap of £1.54 billion, a price-to-earnings ratio of -13,425.00, a price-to-earnings-growth ratio of 8.20 and a beta of 0.29. Pennon Group Plc has a 1 year low of GBX 486.40 ($6.00) and a 1 year high of GBX 740.50 ($9.13). The firm’s 50 day moving average price is GBX 577.06 and its two-hundred day moving average price is GBX 590.09. The company has a debt-to-equity ratio of 343.14, a quick ratio of 1.54 and a current ratio of 0.97.

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

Pennon Group Cuts Dividend

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

About Pennon Group

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.