Severfield (LON:SFR) Stock Price Up 11.4% - What's Next?

Severfield plc (LON:SFR - Get Free Report)'s share price traded up 11.4% during mid-day trading on Thursday . The stock traded as high as GBX 22.50 ($0.30) and last traded at GBX 22.27 ($0.30). 1,158,553 shares traded hands during trading, a decline of 9% from the average session volume of 1,279,697 shares. The stock had previously closed at GBX 20 ($0.27).

Severfield Stock Performance

The company has a market cap of £69.79 million, a PE ratio of 4.55 and a beta of 0.80. The company has a debt-to-equity ratio of 19.24, a current ratio of 1.15 and a quick ratio of 0.99. The company's fifty day moving average price is GBX 25.78 and its 200 day moving average price is GBX 49.22.

Severfield Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, February 7th. Stockholders of record on Thursday, January 9th were paid a GBX 1.40 ($0.02) dividend. The ex-dividend date was Thursday, January 9th. This represents a dividend yield of 1.61%. Severfield's payout ratio is 76.20%.

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.