Severfield (LON:SFR) Stock Passes Above 200 Day Moving Average – What’s Next?

Severfield plc (LON:SFRGet Free Report)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 78.98 ($0.99) and traded as high as GBX 88 ($1.10). Severfield shares last traded at GBX 88 ($1.10), with a volume of 630,079 shares.

Severfield Trading Down 0.2 %

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 has a 50-day simple moving average of GBX 82.88 and a two-hundred day simple moving average of GBX 79.10. The stock has a market cap of £260.77 million, a price-to-earnings ratio of 1,750.00 and a beta of 0.80.

About Severfield

(Get Free Report)

Severfield plc, a structural steelwork company, engages in the designing, manufacturing, fabrication, construction, and erection of steelwork activities in the United Kingdom, Republic of Ireland, Europe, and India. The company manufactures metal decking products; plate girder sections, rectangular and/or circular apertures, optimal section profiles, and intumescent coating products.

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