Severfield (LON:SFR) Shares Down 44.4% – Should You Sell?

Severfield plc (LON:SFR) fell 44.4% during mid-day trading on Monday . The company traded as low as GBX 25.20 ($0.32) and last traded at GBX 26.53 ($0.34). 14,188,858 shares were traded during mid-day trading, an increase of 2,004% from the average session volume of 674,410 shares. The stock had previously closed at GBX 47.70 ($0.61).

Severfield Stock Performance

The firm has a 50 day moving average of GBX 48.48 and a 200-day moving average of GBX 66.02. The company has a market cap of £66.55 million, a P/E ratio of 4.34 and a beta of 0.80. The company has a quick ratio of 0.99, a current ratio of 1.15 and a debt-to-equity ratio of 19.24.

Severfield Cuts Dividend

The company also recently declared 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 was Thursday, January 9th. Severfield’s payout ratio is 76.20%.

Severfield Company Profile

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.