Pennon Group Plc (OTCMKTS:PEGRY – Get Free Report) saw unusually-high trading volume on Tuesday . Approximately 60,168 shares were traded during mid-day trading, an increase of 217% from the previous session’s volume of 18,983 shares.The stock last traded at $12.01 and had previously closed at $11.97.
Wall Street Analysts Forecast Growth
Separately, Zacks Research raised shares of Pennon Group to a “hold” rating in a research note on Thursday, May 21st. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, Pennon Group presently has an average rating of “Hold”.
View Our Latest Stock Report on Pennon Group
Pennon Group Price Performance
About Pennon Group
Pennon Group plc is a United Kingdom-based water and wastewater services company. Through its regulated water businesses, the group supplies drinking water, collects and treats wastewater, and manages related infrastructure and environmental services for household and business customers.
Pennon’s principal operating company is South West Water, which serves Cornwall, Devon, the Isles of Scilly and parts of Dorset. The group also owns Bournemouth Water, which supplies customers in parts of Dorset and Hampshire.
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