Severfield plc (LON:SFR - Get Free Report) shares were up 22.5% on Thursday . 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 Trading Up 0.4 %
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 firm has a market capitalization of £70.08 million, a PE ratio of 4.57 and a beta of 0.80. The firm's fifty day moving average is GBX 24.73 and its two-hundred day moving average is GBX 48.87.
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 issued a GBX 1.40 ($0.02) dividend. This represents a dividend yield of 1.61%. The ex-dividend date was Thursday, January 9th. Severfield's dividend payout ratio is presently 76.20%.
Severfield Company Profile
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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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