Severfield (LON:SFR) Shares Cross Below Two Hundred Day Moving Average - Time to Sell?

Key Points

• Severfield's stock price crossed below its 200-day moving average of GBX 34.26, trading as low as GBX 31.70 during the session.
• The company's most recent earnings report indicated an earnings per share of GBX 4.30, with analysts predicting an EPS of approximately 8.97 for the current fiscal year.
• Severfield has a market capitalization of £93.45 million and a low P/E ratio of 6.10, suggesting potential value for investors.

Severfield plc (LON:SFR - Get Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 34.26 ($0.46) and traded as low as GBX 31.70 ($0.42). Severfield shares last traded at GBX 32 ($0.43), with a volume of 1,182,160 shares changing hands.

Severfield Stock Performance

The stock has a market cap of £92.63 million, a price-to-earnings ratio of 6.04 and a beta of 0.80. The stock's fifty day moving average is GBX 35.22 and its 200-day moving average is GBX 33.95. The company has a quick ratio of 0.99, a current ratio of 1.15 and a debt-to-equity ratio of 19.24.

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