Severfield (LON:SFR) Stock Price Crosses Below 200-Day Moving Average of $65.49

Severfield plc (LON:SFRGet Rating) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 65.49 ($0.80) and traded as low as GBX 58 ($0.71). Severfield shares last traded at GBX 58.60 ($0.72), with a volume of 73,732 shares changing hands.

Severfield Stock Down 0.3 %

The firm has a 50 day moving average price of GBX 61.64 and a 200-day moving average price of GBX 65.49. The company has a current ratio of 1.14, a quick ratio of 0.99 and a debt-to-equity ratio of 14.94. The firm has a market cap of £181.39 million and a PE ratio of 1,172.00.

Severfield Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, October 14th. Stockholders of record on Thursday, September 8th will be paid a GBX 1.90 ($0.02) dividend. This represents a dividend yield of 3.17%. The ex-dividend date is Thursday, September 8th. This is a boost from Severfield’s previous dividend of $1.20. Severfield’s dividend payout ratio (DPR) is presently 60.00%.

Insider Activity

In other news, insider Adam Semple sold 17,357 shares of Severfield stock in a transaction dated Tuesday, June 28th. The stock was sold at an average price of GBX 62 ($0.76), for a total value of £10,761.34 ($13,186.30). In other Severfield news, insider Alun Hughes Griffiths bought 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 16th. The stock was purchased at an average price of GBX 63 ($0.77) per share, for a total transaction of £6,300 ($7,719.64). Also, insider Adam Semple sold 17,357 shares of the business’s stock in a transaction that occurred on Tuesday, June 28th. The stock was sold at an average price of GBX 62 ($0.76), for a total value of £10,761.34 ($13,186.30).

Severfield Company Profile

(Get Rating)

Severfield plc, a structural steelwork company, engages in the designing, manufacturing, fabrication, construction, and erection of steelwork activities in the United Kingdom, Republic of Ireland, Mainland Europe, and India. It manufactures metal decking products; plate girder sections, rectangular and/or circular apertures, optimal section profiles, and intumescent coating products.

Further Reading

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