Severfield (LON:SFR) Trading Down 6.9% - Here's What Happened

Key Points

• Severfield plc shares dropped 6.9% during trading on Friday, falling to GBX 32.30 ($0.44) from a previous close of GBX 34.70 ($0.47).
• The company reported GBX 4.30 ($0.06) earnings per share for the last quarter, with a net margin of 3.43% and a return on equity of 7.24%.
• Severfield has a market capitalization of £95.49 million and a P/E ratio of 6.23, indicating a relatively low valuation compared to its earnings.

Severfield plc (LON:SFR - Get Free Report) fell 6.9% during trading on Friday . The stock traded as low as GBX 30.30 ($0.40) and last traded at GBX 32.30 ($0.43). 1,858,354 shares traded hands during trading, an increase of 55% from the average session volume of 1,196,290 shares. The stock had previously closed at GBX 34.70 ($0.46).

Severfield Price Performance

The company has a market capitalization of £91.40 million, a PE ratio of 5.96 and a beta of 0.80. The company has a quick ratio of 0.99, a current ratio of 1.15 and a debt-to-equity ratio of 19.24. The firm's 50 day simple moving average is GBX 35.22 and its 200 day simple moving average is GBX 33.95.

Severfield (LON:SFR - Get Free Report) last released its quarterly earnings results on Thursday, July 24th. The company reported GBX 4.30 ($0.06) EPS for the quarter. Severfield had a net margin of 3.43% and a return on equity of 7.24%. As a group, research analysts anticipate that Severfield plc will post 8.9704209 EPS for the current fiscal year.

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.