Severn Trent (LON:SVT) Stock Price Passes Above Two Hundred Day Moving Average - What's Next?

Severn Trent PLC (LON:SVT - Get Free Report)'s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 2,567.07 ($35.23) and traded as high as GBX 2,757 ($37.83). Severn Trent shares last traded at GBX 2,730.05 ($37.46), with a volume of 440,183 shares changing hands.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on SVT shares. Deutsche Bank Aktiengesellschaft lowered their target price on Severn Trent from GBX 2,700 ($37.05) to GBX 2,600 ($35.68) and set a "hold" rating for the company in a report on Thursday, March 6th. JPMorgan Chase & Co. restated an "overweight" rating on shares of Severn Trent in a report on Thursday, March 6th.

Severn Trent Stock Down 0.1%

The firm has a 50 day moving average price of GBX 2,708.23 and a 200-day moving average price of GBX 2,569.46. The company has a current ratio of 2.14, a quick ratio of 0.73 and a debt-to-equity ratio of 450.94. The firm has a market cap of £8.20 billion, a PE ratio of 45.82, a PEG ratio of 4.69 and a beta of 0.38.

Severn Trent (LON:SVT - Get Free Report) last announced its quarterly earnings data on Wednesday, May 21st. The company reported GBX 112.10 ($1.54) earnings per share (EPS) for the quarter. Severn Trent had a return on equity of 10.40% and a net margin of 6.00%. Research analysts forecast that Severn Trent PLC will post 107.3706004 EPS for the current fiscal year.

Insider Activity

In other Severn Trent news, insider Thomas (Tom) Delay bought 300 shares of the business's stock in a transaction dated Monday, June 9th. The shares were acquired at an average price of GBX 2,653 ($36.41) per share, with a total value of £7,959 ($10,922.19). Also, insider Helen Miles sold 3,233 shares of the firm's stock in a transaction dated Monday, June 16th. The stock was sold at an average price of GBX 2,695 ($36.98), for a total value of £87,129.35 ($119,568.20). In the last quarter, insiders purchased 3,600 shares of company stock worth $9,500,700. 0.25% of the stock is currently owned by company insiders.

About Severn Trent

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.