Severfield plc (LON:SFR - Get Free Report)'s share price was down 36.5% on Tuesday . The company traded as low as GBX 47.50 ($0.60) and last traded at GBX 55.34 ($0.70). Approximately 2,597,362 shares changed hands during trading, an increase of 409% from the average daily volume of 510,231 shares. The stock had previously closed at GBX 87.20 ($1.10).
Severfield Trading Down 36.2 %
The stock has a market cap of £167.04 million, a PE ratio of 1,112.00 and a beta of 0.80. The stock has a 50-day moving average price of GBX 82.66 and a two-hundred day moving average price of GBX 79.38. The company has a debt-to-equity ratio of 19.24, a current ratio of 1.15 and a quick ratio of 0.99.
Severfield Cuts Dividend
The firm also recently declared a dividend, which will be paid on Friday, February 7th. Investors of record on Thursday, January 9th will be issued a GBX 1.40 ($0.02) dividend. This represents a dividend yield of 1.61%. The ex-dividend date is Thursday, January 9th. Severfield's payout ratio is 8,000.00%.
About Severfield
(
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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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