Severfield (LON:SFR) Stock Passes Above 200 Day Moving Average - Here's Why

Key Points

• Severfield plc's shares surpassed their **200-day moving average**, trading at GBX 32.50 ($0.44) after reaching a high of GBX 34 ($0.46).
• The company reported **4.30 earnings per share (EPS)** and has a market capitalization of **£98.64 million** as of its last earnings on July 24th.
• Severfield has a **debt-to-equity ratio** of **19.24** and a **PE ratio** of **6.43**, indicating the company's financial leverage and profitability metrics.

Severfield plc (LON:SFR - Get Free Report)'s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 32.27 ($0.44) and traded as high as GBX 34 ($0.46). Severfield shares last traded at GBX 32.50 ($0.44), with a volume of 692,744 shares.

Severfield Stock Performance

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 company has a 50 day simple moving average of GBX 34.62 and a 200-day simple moving average of GBX 31.80. The stock has a market capitalization of £92.57 million, a price-to-earnings ratio of 6.04 and a beta of 0.80.

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

About Severfield

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.