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

Shares of Severfield plc (LON:SFRGet Free Report) passed 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 trading hands.

Severfield Trading Down 0.2 %

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 company has a market capitalization of £260.77 million, a P/E ratio of 1,750.00 and a beta of 0.80. The business has a 50 day moving average price of GBX 82.88 and a 200 day moving average price of GBX 79.10.

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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