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

Severfield plc (LON:SFR - Get Free Report) was down 45.7% on Monday . The stock traded as low as GBX 25.20 ($0.32) and last traded at GBX 25.90 ($0.33). Approximately 10,882,092 shares were traded during trading, an increase of 1,721% from the average daily volume of 597,509 shares. The stock had previously closed at GBX 47.70 ($0.61).

Severfield Stock Performance

The business's fifty day simple moving average is GBX 47.31 and its 200-day simple moving average is GBX 65.42. The company has a market capitalization of £70.08 million, a P/E ratio of 4.57 and a beta of 0.80. The company has a debt-to-equity ratio of 19.24, a quick ratio of 0.99 and a current ratio of 1.15.

Severfield Cuts Dividend

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