Shares of Severfield plc (LON:SFR - Get Free Report) traded up 22.5% during trading on Thursday . The stock traded as high as GBX 25.20 ($0.34) and last traded at GBX 24.50 ($0.33). 6,598,365 shares were traded during mid-day trading, an increase of 389% from the average session volume of 1,348,555 shares. The stock had previously closed at GBX 20 ($0.27).
Severfield Stock Performance
The company has a market capitalization of £70.08 million, a P/E ratio of 4.57 and a beta of 0.80. 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 business's fifty day simple moving average is GBX 24.73 and its 200-day simple moving average is GBX 48.87.
Severfield Cuts Dividend
The company also recently declared a dividend, which was paid on Friday, February 7th. Investors of record on Thursday, January 9th were paid a dividend of GBX 1.40 ($0.02) per share. This represents a yield of 1.61%. The ex-dividend date was Thursday, January 9th. Severfield's payout ratio is presently 76.20%.
About Severfield
(
Get Free Report)
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.
See Also
Before you consider Severfield, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Severfield wasn't on the list.
While Severfield currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
