Pennon Group (OTCMKTS:PEGRY) Stock Price Crosses Below 50-Day Moving Average – Here’s What Happened

Pennon Group Plc (OTCMKTS:PEGRYGet Free Report)’s stock price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $14.54 and traded as low as $12.66. Pennon Group shares last traded at $12.66, with a volume of 29,084 shares trading hands.

Pennon Group Trading Down 2.8 %

The business’s 50-day simple moving average is $14.54 and its 200-day simple moving average is $15.26.

Pennon Group Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, April 21st. Investors of record on Friday, January 31st will be paid a $0.3658 dividend. The ex-dividend date of this dividend is Friday, January 31st. Pennon Group’s payout ratio is 29.39%.

Pennon Group Company Profile

(Get Free Report)

Pennon Group Plc provides clean water and wastewater services in the United Kingdom. It provides water and wastewater services for customers in Cornwall, Devon, and parts of Dorset and Somerset; water-only services in the areas of Dorset, Hampshire, and Wiltshire; and water and wastewater retail services to non-household customers in Great Britain.

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