Severfield (LON:SFR) Shares Cross Below 200-Day Moving Average - Time to Sell?

Severfield plc (LON:SFR - Get Free Report) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 34.93 ($0.47) and traded as low as GBX 32.50 ($0.44). Severfield shares last traded at GBX 33 ($0.44), with a volume of 814,296 shares changing hands.

Severfield Trading Up 34.6%

The stock has a market cap of £128.49 million, a P/E ratio of 8.38 and a beta of 0.80. The company has a debt-to-equity ratio of 19.24, a quick ratio of 0.99 and a current ratio of 1.15. The stock has a 50-day moving average price of GBX 34.79 and a 200-day moving average price of GBX 34.57.

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.