Severfield (LON:SFR) Stock Price Crosses Below 200-Day Moving Average - Here's Why

Key Points

• Severfield plc's share price dropped below its 200-day moving average of GBX 30.32, trading as low as GBX 29.50.
• The company's current market cap stands at £88.14 million, with a reported PE ratio of -640.56 and a net margin of 3.43%.
• Severfield recently reported 4.30 EPS for the quarter ending July 24, with forecasts predicting earnings per share of 8.97 for the current year.

Severfield plc (LON:SFR - Get Free Report)'s share price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 30.32 ($0.41) and traded as low as GBX 29.50 ($0.40). Severfield shares last traded at GBX 29.85 ($0.40), with a volume of 284,037 shares trading hands.

Severfield Stock 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 firm's 50 day moving average price is GBX 31.87 and its two-hundred day moving average price is GBX 30.32. The firm has a market cap of £88.14 million, a PE ratio of -640.56 and a beta of 0.80.

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