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

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

Severfield Trading Down 3.1 %

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’s 50-day moving average is GBX 48.48 and its 200-day moving average is GBX 66.02. The firm has a market cap of £65.08 million, a price-to-earnings ratio of 4.25 and a beta of 0.80.

Severfield Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, February 7th. Stockholders of record on Thursday, January 9th were given a dividend of GBX 1.40 ($0.02) per share. This represents a dividend yield of 1.61%. The ex-dividend date of this dividend was Thursday, January 9th. Severfield’s payout ratio is presently 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.