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Severfield (LON:SFR) Share Price Crosses Below Two Hundred Day Moving Average - Here's Why

Severfield logo with Industrials background

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 trading hands.

Severfield Stock Performance

The company has a market cap of £96.37 million, a P/E ratio of 6.29 and a beta of 0.80. The stock has a 50-day moving average of GBX 34.79 and a two-hundred day moving average of GBX 34.93. The company has a debt-to-equity ratio of 19.24, a quick ratio of 0.99 and a current ratio of 1.15.

About Severfield

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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.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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