Severfield (LON:SFR) Stock Price Up 22.5% - What's Next?

Severfield plc (LON:SFR - Get Free Report) shares rose 22.5% during trading on Friday . The company traded as high as GBX 25.20 ($0.34) and last traded at GBX 24.50 ($0.33). Approximately 6,598,365 shares traded hands during trading, an increase of 389% from the average daily volume of 1,348,555 shares. The stock had previously closed at GBX 20 ($0.27).

Severfield Stock Up 0.4 %

The firm has a market capitalization of £70.08 million, a price-to-earnings ratio of 4.57 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 business has a fifty day moving average price of GBX 24.73 and a two-hundred day moving average price of GBX 48.87.

Severfield Cuts Dividend

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