Severfield (LON:SFR) Shares Down 44.4% - Time to Sell?

Severfield plc (LON:SFR - Get Free Report) fell 44.4% on Monday . The stock traded as low as GBX 25.20 ($0.32) and last traded at GBX 26.53 ($0.34). 14,188,858 shares traded hands during mid-day trading, an increase of 2,004% from the average session volume of 674,410 shares. The stock had previously closed at GBX 47.70 ($0.61).

Severfield Price Performance

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 capitalization of £75.63 million, a price-to-earnings ratio of 4.93 and a beta of 0.80. The stock has a 50 day moving average price of GBX 49.59 and a 200-day moving average price of GBX 66.85.

Severfield Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, February 7th. Shareholders of record on Thursday, January 9th were paid a dividend of GBX 1.40 ($0.02) per share. The ex-dividend date of this dividend was Thursday, January 9th. This represents a yield of 1.61%. Severfield's dividend payout ratio (DPR) is presently 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.