Severn Trent PLC (OTCMKTS:STRNY – Get Free Report) was the recipient of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 26,966 shares, a growth of 415.2% from the July 15th total of 5,234 shares. Based on an average trading volume of 44,784 shares, the days-to-cover ratio is currently 0.6 days.
Severn Trent Stock Down 0.1%
Shares of STRNY stock opened at $42.40 on Wednesday. The firm’s 50-day moving average is $40.41 and its two-hundred day moving average is $41.58. Severn Trent has a 12 month low of $33.73 and a 12 month high of $45.46.
Analyst Upgrades and Downgrades
STRNY has been the subject of a number of recent research reports. Zacks Research upgraded shares of Severn Trent from a “strong sell” rating to a “hold” rating in a report on Friday, June 12th. Jefferies Financial Group lowered Severn Trent from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 3rd. BNP Paribas Exane began coverage on Severn Trent in a report on Monday, June 29th. They issued a “neutral” rating for the company. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Severn Trent in a research report on Monday, June 1st. Finally, Citigroup reissued a “neutral” rating on shares of Severn Trent in a research note on Thursday, June 11th. One research analyst has rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.
About Severn Trent
Severn Trent Plc (OTCMKTS:STRNY) is an integrated water utility company based in Coventry, United Kingdom, specializing in the provision of water supply and wastewater treatment services. As one of the principal regulated water and sewerage companies in England and Wales, it delivers clean drinking water to households and businesses, manages sewer networks, operates sewage treatment works, and maintains extensive water infrastructure across its service regions. Its operations are governed by regulatory frameworks that aim to ensure high standards of water quality, environmental protection, and customer service.
The company traces its origins to the privatization of the regional water authorities in England and Wales in 1989.
See Also
- Five stocks we like better than Severn Trent
- Atlassian Just Pulled Off the Software Comeback Wall Street Wanted
- AST SpaceMobile Earnings Just Reminded Investors How Risky Space Can Be
- NVIDIA’s Rally Sets Up a Bigger Test Ahead of Earnings
- Apple’s Next iPhone Could Test How Much Pricing Power Is Left
Receive News & Ratings for Severn Trent Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Severn Trent and related companies with MarketBeat.com's FREE daily email newsletter.
