Pennon Group Plc (OTCMKTS:PEGRY – Get Free Report) shares fell 13.1% on Monday. The company traded as low as $8.78 and last traded at $8.79. 5,219 shares changed hands during mid-day trading, a decline of 70% from the average session volume of 17,475 shares. The stock had previously closed at $10.1195.
Pennon Group Stock Performance
The firm’s 50-day simple moving average is $11.24 and its two-hundred day simple moving average is $13.25.
About Pennon Group
Pennon Group plc is a United Kingdom-based environmental infrastructure company focused primarily on regulated water and wastewater services. Through its water businesses, the group provides drinking water, sewerage, wastewater treatment, and related services to households, businesses, and other organizations.
Its principal subsidiary, South West Water, serves customers across Devon, Cornwall, the Isles of Scilly, and parts of Dorset. Pennon also owns Bristol Water, which supplies customers in Bristol and surrounding areas, and SES Water, serving parts of Surrey and neighboring communities.
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