Severn Trent (LON:SVT) Share Price Passes Above 200 Day Moving Average - Should You Sell?

Severn Trent PLC (LON:SVT - Get Free Report)'s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 2,549.75 ($33.91) and traded as high as GBX 2,740 ($36.44). Severn Trent shares last traded at GBX 2,734.80 ($36.37), with a volume of 532,300 shares.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. JPMorgan Chase & Co. restated an "overweight" rating on shares of Severn Trent in a research report on Thursday, March 6th. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Severn Trent from GBX 2,700 ($35.91) to GBX 2,600 ($34.58) and set a "hold" rating for the company in a research report on Thursday, March 6th.

Severn Trent Trading Down 0.6 %

The company has a market capitalization of £8.07 billion, a P/E ratio of 45.12, a P/E/G ratio of 4.69 and a beta of 0.38. The stock has a 50 day moving average of GBX 2,527.99 and a 200-day moving average of GBX 2,551.16. The company has a current ratio of 2.14, a quick ratio of 0.73 and a debt-to-equity ratio of 450.94.

Severn Trent Company Profile

As one of Britain's largest water companies, we provide over eight million people across our region with fresh, clean drinking water – about two billion litres every day. And when they've finished with it, we take it away again then clean and treat it before returning it safely back to the environment. We are one of only three listed water stocks in the UK, offering a valuable combination of reliable earnings, long term asset growth and an inflation-linked dividend.