Severfield (LON:SFR) Stock Price Down 42.5% - What's Next?

Severfield plc (LON:SFR - Get Free Report) fell 42.5% during trading on Monday . The stock traded as low as GBX 25.20 ($0.32) and last traded at GBX 27.40 ($0.35). 13,414,916 shares traded hands during trading, an increase of 1,965% from the average session volume of 649,562 shares. The stock had previously closed at GBX 47.70 ($0.61).

Severfield Stock Performance

The company has a debt-to-equity ratio of 19.24, a current ratio of 1.15 and a quick ratio of 0.99. The stock has a fifty day simple moving average of GBX 47.89 and a two-hundred day simple moving average of GBX 65.72. The firm has a market capitalization of £68.62 million, a P/E ratio of 4.48 and a beta of 0.80.

Severfield Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, February 7th. Stockholders of record on Thursday, January 9th were paid a GBX 1.40 ($0.02) dividend. The ex-dividend date of this dividend was Thursday, January 9th. This represents a dividend yield of 1.61%. Severfield's dividend payout ratio is currently 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.