Severfield (LON:SFR) Shares Pass Below 200-Day Moving Average – What’s Next?

Severfield plc (LON:SFR) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 75.77 ($0.95) and traded as low as GBX 51.40 ($0.64). Severfield shares last traded at GBX 51.40 ($0.64), with a volume of 50,647 shares trading hands.

Severfield Price Performance

The firm has a market capitalization of £154.42 million, a price-to-earnings ratio of 1,028.00 and a beta of 0.80. The company has a quick ratio of 0.99, a current ratio of 1.15 and a debt-to-equity ratio of 19.24. The firm has a 50 day moving average of GBX 67.62 and a two-hundred day moving average of GBX 75.60.

Severfield Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, February 7th. Shareholders of record on Thursday, January 9th will be given a GBX 1.40 ($0.02) dividend. This represents a yield of 1.61%. The ex-dividend date is Thursday, January 9th. Severfield’s dividend payout ratio (DPR) is currently 8,000.00%.

About Severfield

Operating on an international scale, Severfield is widely recognised for its iconic structures, engineering excellence and unparalleled customer service.

We have the design, experience and engineering skills to serve a diverse range of market sectors, from education and hospitals to bridges and commercial offices.

We approach every project, from the highly technical to basic structural work, with the same level of safety, professionalism, commitment, care and customer service.
Our people make Severfield the success story it is today.