Pennon Group (OTCMKTS:PEGRF) Shares Up 11.5% – Here’s What Happened
by Scott Moore · The Cerbat GemPennon Group Plc (OTCMKTS:PEGRF – Get Free Report)’s share price shot up 11.5% during mid-day trading on Thursday . The stock traded as high as $7.52 and last traded at $7.52. 330 shares traded hands during trading, a decline of 83% from the average session volume of 1,996 shares. The stock had previously closed at $6.7414.
Pennon Group Stock Performance
The company has a fifty day moving average price of $7.11 and a 200-day moving average price of $7.18.
Pennon Group Company Profile
Pennon Group plc is a UK‐based infrastructure and environmental services company, best known for its water and wastewater operations in the south‐west of England and its waste management and recycling businesses across the United Kingdom. Through its regulated water utility subsidiary, South West Water, Pennon provides drinking water supply, sewage collection and treatment, and sewerage services to residential, industrial and commercial customers in Cornwall, Devon and parts of Dorset and Somerset.