Pennon Group Plc (OTCMKTS:PEGRY – Get Free Report) gapped up prior to trading on Wednesday. The stock had previously closed at $11.72, but opened at $12.23. Pennon Group shares last traded at $12.17, with a volume of 322 shares trading hands.
Pennon Group Trading Up 3.8%
The stock has a 50-day moving average price of $12.38 and a 200 day moving average price of $13.23.
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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