Severfield plc (LON:SFR - Get Free Report) shot up 19% on Thursday . The company traded as high as GBX 23.90 ($0.32) and last traded at GBX 23.81 ($0.32). 4,149,708 shares were traded during trading, an increase of 215% from the average session volume of 1,317,560 shares. The stock had previously closed at GBX 20 ($0.27).
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 has a 50 day moving average price of GBX 25.78 and a two-hundred day moving average price of GBX 49.22. The company has a market capitalization of £69.79 million, a P/E ratio of 4.55 and a beta of 0.80.
Severfield Cuts Dividend
The company also recently announced a dividend, which was paid on Friday, February 7th. Stockholders of record on Thursday, January 9th were paid a GBX 1.40 ($0.02) dividend. The ex-dividend date of this dividend was Thursday, January 9th. This represents a dividend yield of 1.61%. Severfield's dividend payout ratio is presently 76.20%.
About Severfield
(
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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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