Severfield (LON:SFR) Shares Down 45.7% – What’s Next?

Severfield plc (LON:SFR) shares dropped 45.7% during trading on Tuesday . The company traded as low as GBX 25.20 ($0.32) and last traded at GBX 25.90 ($0.33). Approximately 13,980,617 shares traded hands during trading, an increase of 1,988% from the average daily volume of 669,568 shares. The stock had previously closed at GBX 47.70 ($0.61).

Severfield Trading Up 5.0 %

The company has a market cap of £67.75 million, a PE ratio of 4.42 and a beta of 0.80. The company has a current ratio of 1.15, a quick ratio of 0.99 and a debt-to-equity ratio of 19.24. The firm has a fifty day moving average of GBX 47.89 and a two-hundred day moving average of GBX 65.72.

Severfield Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, February 7th. Shareholders of record on Thursday, January 9th were issued a GBX 1.40 ($0.02) dividend. The ex-dividend date was Thursday, January 9th. This represents a dividend yield of 1.61%. Severfield’s payout ratio is currently 76.20%.

Severfield Company Profile

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.