Pennon Group (OTCMKTS:PEGRY) Shares Gap Up – Should You Buy?

Shares of Pennon Group Plc (OTCMKTS:PEGRY – Get Free Report) gapped up before the market opened on Tuesday. The stock had previously closed at $9.2450, but opened at $9.61. Pennon Group shares last traded at $9.6610, with a volume of 701 shares trading hands.

Pennon Group Trading Down 4.5%

The company has a 50-day moving average of $11.62 and a two-hundred day moving average of $12.78.

About Pennon Group

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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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