Severfield (LON:SFR) Shares Down 44.2% – What’s Next?

Shares of Severfield plc (LON:SFR) traded down 44.2% on Monday . The company traded as low as GBX 25.20 ($0.32) and last traded at GBX 26.60 ($0.34). 16,798,146 shares changed hands during trading, an increase of 2,185% from the average session volume of 735,091 shares. The stock had previously closed at GBX 47.70 ($0.60).

Severfield Trading Down 45.7 %

The company has a debt-to-equity ratio of 19.24, a quick ratio of 0.99 and a current ratio of 1.15. The stock has a market cap of £75.63 million, a P/E ratio of 4.93 and a beta of 0.80. The company has a 50-day simple moving average of GBX 49.59 and a 200-day simple moving average of GBX 66.85.

Severfield Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, February 7th. Investors of record on Thursday, January 9th were issued a GBX 1.40 ($0.02) dividend. The ex-dividend date was Thursday, January 9th. This represents a dividend yield of 1.61%. Severfield’s dividend 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.