Severfield (LON:SFR) Trading Down 44.2% - Here's Why

Severfield plc (LON:SFR - Get Free Report)'s share price was down 44.2% on Monday . The stock traded as low as GBX 25.20 ($0.33) and last traded at GBX 26.60 ($0.34). Approximately 16,798,146 shares were traded during trading, an increase of 2,185% from the average daily volume of 735,091 shares. The stock had previously closed at GBX 47.70 ($0.62).

Severfield Trading Up 2.1 %

The company has a debt-to-equity ratio of 19.24, a quick ratio of 0.99 and a current ratio of 1.15. The firm has a market cap of £70.08 million, a PE ratio of 4.57 and a beta of 0.80. The company has a 50 day simple moving average of GBX 46.75 and a two-hundred day simple moving average of GBX 65.02.

Severfield Cuts Dividend

The business also recently announced 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 payout ratio 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.