Severfield (LON:SFR) Stock Price Down 45.7% - Should You Sell?

Severfield plc (LON:SFR - Get Free Report) dropped 45.7% during trading on Monday . The company traded as low as GBX 25.20 ($0.33) and last traded at GBX 25.90 ($0.33). Approximately 13,980,617 shares were traded during trading, an increase of 1,988% from the average daily volume of 669,568 shares. The stock had previously closed at GBX 47.70 ($0.62).

Severfield Price Performance

The firm has a market cap of £70.08 million, a PE ratio of 4.57 and a beta of 0.80. The firm's fifty day simple moving average is GBX 47.31 and its two-hundred day simple moving average is GBX 65.42. 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 announced a dividend, which was paid on Friday, February 7th. Investors of record on Thursday, January 9th were paid 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 dividend payout ratio (DPR) 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.