Pennon Group Plc (OTCMKTS:PEGRF – Get Rating)’s share price was up 1.4% during trading on Monday . The company traded as high as $12.94 and last traded at $12.94. Approximately 2,800 shares were traded during mid-day trading, an increase of 85% from the average daily volume of 1,511 shares. The stock had previously closed at $12.76.
Separately, Jefferies Financial Group downgraded Pennon Group from a “hold” rating to an “underperform” rating in a report on Tuesday, February 22nd.
The business has a 50-day moving average price of $13.16 and a two-hundred day moving average price of $14.02.
Pennon Group Plc engages in the environmental infrastructure businesses in the United Kingdom, rest of European Union, China, and internationally. The company's Water segment comprises the regulated water and wastewater services for customers in Cornwall, Devon, and parts of Dorset and Somerset; and water services in the areas of Dorset, Hampshire, and Wiltshire.
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