Severn Trent (LON:SVT) Shares Up 0.5% – Here’s Why

Severn Trent PLC (LON:SVT)’s stock price shot up 0.5% during mid-day trading on Friday . The stock traded as high as GBX 2,613 ($32.98) and last traded at GBX 2,608 ($32.92). 220,539 shares were traded during mid-day trading, a decline of 81% from the average session volume of 1,132,497 shares. The stock had previously closed at GBX 2,595 ($32.75).

Severn Trent Price Performance

The company has a market capitalization of £7.83 billion, a price-to-earnings ratio of 5,113.73, a price-to-earnings-growth ratio of 4.69 and a beta of 0.38. The company has a debt-to-equity ratio of 450.94, a current ratio of 2.14 and a quick ratio of 0.73. The business has a fifty day moving average price of GBX 2,646.10 and a 200 day moving average price of GBX 2,568.71.

Severn Trent Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, January 10th. Investors of record on Thursday, November 28th will be paid a dividend of GBX 48.68 ($0.61) per share. The ex-dividend date of this dividend is Thursday, November 28th. This represents a dividend yield of 1.81%. Severn Trent’s dividend payout ratio is presently 22,941.18%.

Insider Transactions at Severn Trent

In related news, insider Helen Miles sold 18,472 shares of the stock in a transaction on Wednesday, October 16th. The stock was sold at an average price of GBX 2,714 ($34.25), for a total value of £501,330.08 ($632,752.85). Company insiders own 0.25% of the company’s stock.

Severn Trent Company Profile

Severn Trent PLC operates as a water and sewerage company in England and Wales. It operates through two segments: Regulated Water and Waste Water, and Business Services. The Regulated Water and Waste Water segment offers water and waste water services to approximately 4.8 million households and businesses.