Insider Buying: Severfield (LON:SFR) Insider Purchases £722.67 in Stock

Severfield plc (LON:SFR – Get Free Report) insider Paul McNerney acquired 1,853 shares of Severfield stock in a transaction on Thursday, October 29th. The shares were bought at an average price of GBX 39 per share, with a total value of £722.67.

Paul McNerney also recently made the following trade(s):

  • On Wednesday, October 7th, Paul McNerney bought 1,868 shares of Severfield stock. The stock was bought at an average price of GBX 39 per share, for a total transaction of £728.52.
  • On Wednesday, August 26th, Paul McNerney bought 1,874 shares of Severfield stock. The stock was bought at an average price of GBX 39 per share, for a total transaction of £730.86.

Severfield Stock Performance

Severfield stock traded up GBX 0.28 during midday trading on Thursday, hitting GBX 38.84. 110,252 shares of the company were exchanged, compared to its average volume of 512,306. The firm has a market capitalization of £114.67 million, a PE ratio of -3.23 and a beta of 0.90. Severfield plc has a fifty-two week low of GBX 21.30 and a fifty-two week high of GBX 41.77. The business has a fifty day simple moving average of GBX 38.04 and a two-hundred day simple moving average of GBX 31.87. The company has a debt-to-equity ratio of 48.45, a quick ratio of 0.98 and a current ratio of 1.05.

Analyst Ratings Changes

Separately, Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 40 price objective on shares of Severfield in a research note on Wednesday, July 29th. Two analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of GBX 44.

Get Our Latest Stock Report on Severfield

About Severfield

(Get Free Report)

Severfield is the largest specialist structural steelwork group in the UK, with a growing presence in India and Europe and a reputation for performance and innovation.

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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