Severfield (LON:SFR) Shares Down 45.7% - Time to Sell?

Severfield plc (LON:SFR - Get Free Report)'s share price dropped 45.7% during trading on Tuesday . The company traded as low as GBX 25.20 ($0.32) and last traded at GBX 25.90 ($0.33). Approximately 13,980,617 shares changed hands 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 ($0.61).

Severfield Stock Up 2.1 %

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 market cap of £70.08 million, a price-to-earnings ratio of 4.57 and a beta of 0.80. The firm has a 50 day simple moving average of GBX 47.31 and a two-hundred day simple moving average of GBX 65.42.

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 paid a dividend of GBX 1.40 ($0.02) per share. This represents a yield of 1.61%. The ex-dividend date of this dividend was Thursday, January 9th. 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.