Severfield (LON:SFR) Trading Down 44.4% - What's Next?

Severfield plc (LON:SFR - Get Free Report)'s share price was down 44.4% during mid-day trading on Monday . The stock traded as low as GBX 25.20 ($0.32) and last traded at GBX 26.53 ($0.34). Approximately 14,188,858 shares were traded during trading, an increase of 2,004% from the average daily volume of 674,410 shares. The stock had previously closed at GBX 47.70 ($0.61).

Severfield Stock Down 45.7 %

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 company has a market capitalization of £75.63 million, a PE ratio of 4.93 and a beta of 0.80. The business's 50 day simple moving average is GBX 49.59 and its 200 day simple moving average is GBX 66.85.

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 presently 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.