Persimmon (LON:PSN) Hits New 12-Month Low – Time to Sell?

Persimmon Plc (LON:PSN)’s share price hit a new 52-week low during trading on Monday . The company traded as low as GBX 1,204.50 ($15.30) and last traded at GBX 1,216.74 ($15.45), with a volume of 2928799 shares. The stock had previously closed at GBX 1,258 ($15.98).

Persimmon Stock Down 2.8 %

The business has a fifty day moving average of GBX 1,501.67 and a 200 day moving average of GBX 1,508.67. The company has a quick ratio of 1.04, a current ratio of 4.09 and a debt-to-equity ratio of 0.38. The firm has a market cap of £3.91 billion, a P/E ratio of 1,572.50, a P/E/G ratio of 0.83 and a beta of 1.37.

Insider Activity

In other news, insider Andrew Duxbury sold 5,955 shares of Persimmon stock in a transaction on Monday, September 23rd. The shares were sold at an average price of GBX 1,663 ($21.12), for a total transaction of £99,031.65 ($125,786.42). 3.01% of the stock is currently owned by company insiders.

About Persimmon

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.