Severfield (LON:SFR) Trading Down 44.6% – What’s Next?

Severfield plc (LON:SFR) shares were down 44.6% during mid-day trading on Monday . The company traded as low as GBX 25.20 ($0.32) and last traded at GBX 26.45 ($0.34). Approximately 15,737,466 shares traded hands during trading, an increase of 2,115% from the average daily volume of 710,424 shares. The stock had previously closed at GBX 47.70 ($0.61).

Severfield Price Performance

The company has a current ratio of 1.15, a quick ratio of 0.99 and a debt-to-equity ratio of 19.24. The firm has a market cap of £65.08 million, a PE ratio of 4.25 and a beta of 0.80. The business has a fifty day moving average of GBX 48.48 and a 200-day moving average of GBX 66.02.

Severfield Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, February 7th. Stockholders of record on Thursday, January 9th were given a GBX 1.40 ($0.02) dividend. The ex-dividend date was Thursday, January 9th. This represents a dividend yield of 1.61%. Severfield’s dividend payout ratio (DPR) is currently 76.20%.

About Severfield

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.