Royal Bank of Canada lowered shares of Persimmon (OTCMKTS:PSMMY – Free Report) from a hold rating to a strong sell rating in a research note released on Monday morning,Zacks.com reports.
Persimmon Price Performance
PSMMY opened at $31.29 on Monday. The stock’s 50-day moving average price is $38.19 and its 200 day moving average price is $39.29. Persimmon has a 12-month low of $30.87 and a 12-month high of $45.60.
Persimmon Cuts Dividend
The company also recently announced a dividend, which was paid on Monday, November 25th. Stockholders of record on Friday, October 18th were given a dividend of $0.4829 per share. The ex-dividend date of this dividend was Friday, October 18th.
Persimmon Company Profile
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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