Persimmon (OTCMKTS:PSMMY) Reaches New 1-Year Low – Should You Sell?

Persimmon Plc (OTCMKTS:PSMMYGet Free Report)’s stock price reached a new 52-week low on Monday . The stock traded as low as $25.47 and last traded at $25.72, with a volume of 45965 shares traded. The stock had previously closed at $26.36.

Analyst Ratings Changes

A number of research analysts have issued reports on PSMMY shares. Citigroup raised shares of Persimmon from a “hold” rating to a “strong-buy” rating in a report on Tuesday, December 3rd. Royal Bank of Canada lowered Persimmon from a “hold” rating to a “strong sell” rating in a research note on Monday, December 2nd.

View Our Latest Report on PSMMY

Persimmon Trading Up 4.8 %

The stock has a fifty day moving average of $30.94 and a 200 day moving average of $37.91.

Persimmon Company Profile

(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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