Severn Trent (LON:SVT) Shares Cross Above Two Hundred Day Moving Average – Time to Sell?

Severn Trent PLC (LON:SVT) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 2,566.60 ($32.26) and traded as high as GBX 2,572 ($32.32). Severn Trent shares last traded at GBX 2,516 ($31.62), with a volume of 1,362,329 shares trading hands.

Severn Trent Trading Down 2.3 %

The company has a debt-to-equity ratio of 450.94, a current ratio of 2.14 and a quick ratio of 0.73. The company has a market cap of £7.55 billion, a P/E ratio of 4,933.33, a P/E/G ratio of 4.69 and a beta of 0.38. The stock’s 50-day moving average is GBX 2,638.65 and its two-hundred day moving average is GBX 2,566.14.

Severn Trent Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, January 10th. Stockholders of record on Thursday, November 28th will be paid a GBX 48.68 ($0.61) dividend. The ex-dividend date of this dividend is Thursday, November 28th. This represents a dividend yield of 1.81%. Severn Trent’s dividend payout ratio (DPR) is currently 22,941.18%.

Insider Activity

In other news, insider Helen Miles sold 18,472 shares of the firm’s stock in a transaction on Wednesday, October 16th. The stock was sold at an average price of GBX 2,714 ($34.11), for a total value of £501,330.08 ($630,049.11). Insiders own 0.25% of the company’s stock.

About Severn Trent

Severn Trent PLC operates as a water and sewerage company in England and Wales. It operates through two segments: Regulated Water and Waste Water, and Business Services. The Regulated Water and Waste Water segment offers water and waste water services to approximately 4.8 million households and businesses.