Severfield (LON:SFR) Shares Down 8.1% - Here's Why

Severfield plc (LON:SFR - Get Free Report)'s share price fell 8.1% during mid-day trading on Thursday . The company traded as low as GBX 30.30 ($0.41) and last traded at GBX 31.89 ($0.43). 951,713 shares were traded during trading, a decline of 20% from the average session volume of 1,189,905 shares. The stock had previously closed at GBX 34.70 ($0.47).

Severfield Price Performance

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 business has a fifty day simple moving average of GBX 35.15 and a 200-day simple moving average of GBX 34.52. The stock has a market capitalization of £94.32 million, a P/E ratio of 6.15 and a beta of 0.80.

Severfield (LON:SFR - Get Free Report) last announced its quarterly earnings results on Thursday, July 24th. The company reported GBX 4.30 ($0.06) earnings per share (EPS) for the quarter. Severfield had a return on equity of 7.24% and a net margin of 3.43%. Sell-side analysts expect that Severfield plc will post 8.9704209 earnings per share 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.

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