Persimmon Plc (OTCMKTS:PSMMY – Get Free Report) was the target of a significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 26 shares, a decrease of 88.3% from the February 12th total of 223 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 25,702 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 25,702 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are sold short.
Persimmon Price Performance
OTCMKTS:PSMMY opened at $34.16 on Wednesday. Persimmon has a 1 year low of $27.82 and a 1 year high of $41.84. The business has a fifty day moving average of $38.52 and a 200-day moving average of $34.60.
Analysts Set New Price Targets
Several brokerages recently weighed in on PSMMY. The Goldman Sachs Group assumed coverage on shares of Persimmon in a research report on Monday, November 24th. They issued a “buy” rating on the stock. Royal Bank Of Canada upgraded shares of Persimmon from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, December 2nd. Finally, Citigroup reaffirmed a “buy” rating on shares of Persimmon in a report on Wednesday, January 14th. One research analyst has rated the stock with a Strong Buy rating and four have issued a Buy rating to the stock. According to data from MarketBeat.com, Persimmon has an average rating of “Buy”.
About Persimmon
Persimmon plc (OTCMKTS:PSMMY) is a leading United Kingdom–based residential property developer primarily engaged in the design, construction and sale of new homes. The company’s product range spans starter homes for first-time buyers, family houses and executive properties, addressing a broad spectrum of customer needs. Persimmon also offers warranty and after-sales services through its in-house customer care teams, ensuring ongoing support for homeowners.
Founded in 1972 and headquartered in York, North Yorkshire, Persimmon has grown from a regional builder into one of the UK’s most prolific housebuilders.
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