Persimmon (OTCMKTS:PSMMY) Sets New 12-Month Low – Here’s What Happened

Persimmon Plc (OTCMKTS:PSMMYGet Free Report) shares reached a new 52-week low on Tuesday . The company traded as low as $27.75 and last traded at $27.75, with a volume of 19736 shares. The stock had previously closed at $28.87.

Analyst Ratings Changes

Several equities research analysts recently commented on PSMMY shares. Royal Bank of Canada cut Persimmon from a “hold” rating to a “strong sell” rating in a research note on Monday, December 2nd. Citigroup upgraded shares of Persimmon from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 3rd.

Check Out Our Latest Stock Report on Persimmon

Persimmon Trading Down 3.9 %

The company has a fifty day simple moving average of $32.38 and a two-hundred day simple moving average of $38.23.

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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