Severfield (LON:SFR) Stock Price Down 47.1% - What's Next?

Severfield plc (LON:SFR - Get Free Report)'s share price was down 47.1% on Monday . The stock traded as low as GBX 25.24 ($0.33) and last traded at GBX 25.24 ($0.33). Approximately 9,168,673 shares traded hands during mid-day trading, an increase of 1,544% from the average daily volume of 557,662 shares. The stock had previously closed at GBX 47.70 ($0.61).

Severfield Stock Up 6.3 %

The firm has a market capitalization of £68.62 million, a price-to-earnings ratio of 4.48 and a beta of 0.80. 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 moving average of GBX 47.89 and a two-hundred day moving average of GBX 65.72.

Severfield Cuts Dividend

The business also recently declared 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 was Thursday, January 9th. This represents a dividend yield of 1.61%. Severfield's payout ratio is 76.20%.

About Severfield

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.