Persimmon (OTCMKTS:PSMMY) Reaches New 1-Year Low – Here’s What Happened

Persimmon Plc (OTCMKTS:PSMMYGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $29.32 and last traded at $29.57, with a volume of 19210 shares traded. The stock had previously closed at $29.67.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on PSMMY. Citigroup raised Persimmon from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 3rd. Royal Bank of Canada cut Persimmon from a “hold” rating to a “strong sell” rating in a report on Monday, December 2nd.

Check Out Our Latest Report on PSMMY

Persimmon Trading Down 0.4 %

The company’s fifty day moving average is $33.83 and its 200 day moving average is $38.50.

About Persimmon

(Get Free Report)

Persimmon Plc, together with its subsidiaries, operates as a house builder in the United Kingdom. The company offers family housing under the Persimmon Homes brand name; housing under the Charles Church brand name; and social housing under the Westbury Partnerships brand name. It also provides broadband services under the FibreNest brand; and timber frame, insulated wall panels, and roof cassettes under the brand Space4.

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