Severfield (LON:SFR) Stock Crosses Below 200 Day Moving Average – Should You Sell?

Severfield plc (LON:SFR)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 28.62 and traded as low as GBX 25. Severfield shares last traded at GBX 26.30, with a volume of 361,210 shares changing hands.

Severfield Price Performance

The company has a debt-to-equity ratio of 41.67, a current ratio of 1.06 and a quick ratio of 0.99. The firm has a market capitalization of £77.66 million, a P/E ratio of -5.10 and a beta of 0.82. The company has a fifty day moving average of GBX 28.07 and a 200 day moving average of GBX 28.62.

Severfield Company Profile

Severfield is the largest specialist structural steelwork group in the UK, with a growing presence in India and Europe and a reputation for performance and innovation.

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.