Persimmon Plc (LON:PSN) Insider Purchases £49,506.60 in Stock

Persimmon Plc (LON:PSN) insider Andrew Duxbury bought 3,462 shares of the business’s stock in a transaction dated Tuesday, June 18th. The shares were bought at an average price of GBX 1,430 ($18.17) per share, with a total value of £49,506.60 ($62,905.46).

Persimmon Price Performance

Shares of Persimmon stock opened at GBX 1,365 ($17.34) on Thursday. Persimmon Plc has a twelve month low of GBX 925 ($11.75) and a twelve month high of GBX 1,506 ($19.14). The company has a quick ratio of 1.04, a current ratio of 4.54 and a debt-to-equity ratio of 0.38. The company has a 50-day simple moving average of GBX 1,394.28 and a two-hundred day simple moving average of GBX 1,379.25. The stock has a market capitalization of £4.36 billion, a price-to-earnings ratio of 1,727.85, a price-to-earnings-growth ratio of -1.74 and a beta of 1.34.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. restated an “overweight” rating on shares of Persimmon in a research note on Friday, May 3rd.

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.