AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
Highlights
- Pennon Group (LON:PNN) experienced a sharp decline in share value, with trading volume surging significantly.
- The company's recent earnings report reflected a negative net margin and return on equity.
- A dividend has been declared, scheduled for payment in early April.
Recent Stock Performance
Pennon Group (LON:PNN) saw a substantial drop in share value, with its price reaching GBX 464.60. The stock's lowest trading point was GBX 422.60, while the previous closing value stood at GBX 586.26. A significant surge in trading activity was observed, with approximately 527 million shares changing hands—far exceeding the usual daily volume of around 26 million shares.
Financial Metrics Overview
The company maintains a quick ratio of 1.54 and a current ratio of 0.97, indicating its short-term liquidity status. Additionally, Pennon Group's debt-to-equity ratio stands at 343.14. The firm holds a market capitalization of approximately £1.33 billion, while its price-to-earnings ratio is recorded at -11,617.50. The beta value of 0.29 suggests lower volatility compared to broader market movements. The stock's average price over the last fifty days has been GBX 569.36, whereas the two-hundred-day moving average is noted at GBX 583.41.
Quarterly Earnings Update
Pennon Group recently released its latest earnings report, revealing an earnings per share figure of GBX (6.60). The company's return on equity was recorded at -0.74%, while its net margin stood at -1.05%. These figures highlight the financial performance challenges faced in the reporting period.
Dividend Declaration
A dividend payout has been scheduled, with eligible stockholders set to receive GBX 14.69 per share. The ex-dividend date has been marked for January 30, with payments expected to be issued on April 4. The declared dividend yield stands at 2.53%, while the company's payout ratio is currently calculated at -152,500.00%.
Market Movement and Outlook
Pennon Group's stock has experienced fluctuations in recent weeks, with trading volumes reaching unusually high levels. Factors such as financial results, sector trends, and investor sentiment continue to play a role in shaping the company's market performance. The stock's valuation trends and future corporate strategies will be closely watched in the coming periods.
