Review Of Three FTSE Stocks – Persimmons Plc, Mondi Plc and Burberry Group Plc

Persimmon Plc

Persimmon Plc (PSN) is a Fulford, the United Kingdom based company, which, along with its subsidiaries, is engaged in the construction of home buildings across Great Britain. The company has 31 regional offices in the UK, and it trades under brands such as Charles Church, Persimmon Homes and Westbury Partnerships across England, Wales and Scotland.

PSN Trading Statement

On 7th November 2019, the company announced a trading statement for the third quarter ended 6th November 2019. The company reported that the trading in summer weeks was as per the anticipations, with the Group overseeing the general pick-up in consumer activity with the arrival of autumn. Consumer confidence stayed robust in spite of the ongoing uncertainties around Brexit.

The company was recently in the news for executive pay scandal and complaints about its newly built homes.

PSN Share Price Performance

On 8th November 2019, at 11:35 A.M GMT, by the time of writing, Persimmon Plc’s share price was trading at GBX 2362.75 per share, an increase of 0.03 per cent or GBX 0.75 per share as compared to the previous day’s closing price, which was reported to be at GBX 2362.00 per share. At the time of writing, the Persimmons Plc share price was trading 31.02 per cent above the 52-week low share price, which was at GBX 1802.50 per share, set on August 21, 2019. This was also 6.57 per cent below the 52-week high price at GBX 2529.00 per share, which the company’s share set on October 17, 2019. Persimmon Plc’s market capitalization has been reported to be at GBP 7.527 billion.

By the time of writing, 234,075 of the company’s stocks had been traded in the market. The average volume of trading per day, for the last one year in the market, was 1.07 million stocks. The share has reportedly shown a negative change of 1.43 per cent in value in the last one year, from the price of GBX 2397.00 per share. There has been a positive change in the last six months in the value of Persimmons Plc’s share of about 11.98 per cent from the price of GBX 2110.00. Persimmons Plc’s share has also reportedly gained 16.6 per cent in value in the last one month from the price of GBX 2026.00.

The beta of the Persimmons Plc’s share has been reported to be at 0.9973. This implies that the movement in the company’s share price is less volatile in nature, as compared to the movement of the benchmark market index.

Mondi Plc

Mondi PLC (MNDI) is an Addlestone, the United Kingdom-based multinational packaging and paper company. The company operates in central Europe, North America, South Africa and Russia. Recycled containerboards, specialty craft papers, corrugated packaging products, industrial bags, films and hygiene components, consumer goods packaging products, printed laminates and high-barrier films for the consumer industry are the products offered by the company.

MNDI Trading Update

On 10th October 2019, the company announced a trading update for the third quarter of the year in which it reported that the Like for like sales were a minutely lesser year on year because of lower industrial bags and uncoated fine paper volumes. This was in part offset by the increase in corrugated packaging. At a mean level, costs were higher year on year, albeit lesser than the previous quarter.

MNDI Share Price Performance

On 8th November 2019, at 11:25 A.M GMT, by the time of writing, Mondi Plc’s share price was trading at GBX 1708.00 per share, a decrease of 0.87 per cent or GBX 15.00 per share as compared to the previous day’s closing price, which was reported to be at GBX 1723.00 per share. At the time of writing, the Mondi Plc share price was trading 15.09 per cent above the 52-week low share price, which was at GBX 1484.00 per share, set on September 25, 2019. This was also 11.80 per cent below the 52-week high price at GBX 1936.5 per share, which the company’s share set on February 15, 2019. Mondi Plc’s market capitalization has been reported to be at GBP 8.366 billion.

By the time of writing, 450,230 of the company’s stocks had been traded in the market. The average volume of trading per day, for the last one year in the market, was 1.36 million stocks. The share has reportedly shown a negative change of 6.28 per cent in value in the last one year, from the price of GBX 1822.5 per share. There also has been a positive change in the last six months in the value of Mondi Plc’s share of about 3.83 per cent from the price of GBX 1645.00. Mondi Plc’s share has also reportedly gained 10.30 per cent in value in the last one month from the price of GBX 1548.5.

The beta of the Mondi Plc’s share has been reported to be at 1.4787. This implies that the movement in the company’s share price is more volatile in nature, as compared to the movement of the benchmark market index.

Burberry Group Plc

Burberry Group Plc (BRBY) is the UK-based luxury goods company specializing in leather goods and ready-to-wear items. The company designs, sources, manufactures and distributes luxury men’s, women’s, and children’s clothing and it is also in non-apparel accessories through directly owned stores, wholesale and license channels.

BRBY Board Change

The company announced that with effect from 1st November 2019, Sam Fischer had been chosen by the management as a new Non-Executive Director of the company and a part of the Remuneration and Nomination Committees.

BRBY Share Price Performance

On 8th November 2019, at 11:15 A.M GMT, by the time of writing, Burberry Group Plc’s share price was trading at GBX 2072.00 per share, a decrease of 2.17 per cent or GBX 46.00 per share as compared to the previous day’s closing price, which was reported to be at GBX 2118.00 per share. At the time of writing, the Burberry Group Plc share price was trading 28.02 per cent above the 52-week low share price, which was at GBX 1618.5 per share, set on January 03, 2019. This was also 12.08 per cent below the 52-week high price at GBX 2362.00 per share, which the company’s share set on July 17, 2019. Burberry Group Plc’s market capitalization has been reported to be at GBP 8.673 billion.

By the time of writing, 135,810 of the company’s stocks had been traded in the market. The average volume of trading per day, for the last one year in the market, was 1.16 million stocks. The share has reportedly shown a positive change of 11.13 per cent in value in the last one year, from the price of GBX 1864.5 per share. There also has been a positive change in the last six months in the value of Burberry Group Plc’s share of about 6.80 per cent from the price of GBX 1940.00. Burberry Group Plc’s share has also reportedly gained 2.27 per cent in value in the last one month from the price of GBX 2026.00.

The beta of the Burberry Group Plc’s share has been reported to be at 1.5717. This implies that the movement in the company’s share price is more volatile in nature, as compared to the movement of the benchmark market index.