Severn Trent (LON:SVT) Share Price Crosses Above 200 Day Moving Average - Should You Sell?

Severn Trent PLC (LON:SVT - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 2,548.35 ($33.73) and traded as high as GBX 2,615 ($34.61). Severn Trent shares last traded at GBX 2,586 ($34.23), with a volume of 881,206 shares traded.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on SVT. Deutsche Bank Aktiengesellschaft lowered their price target on Severn Trent from GBX 2,700 ($35.74) to GBX 2,600 ($34.41) and set a "hold" rating for the company in a report on Thursday, March 6th. JPMorgan Chase & Co. restated an "overweight" rating on shares of Severn Trent in a research note on Thursday, March 6th.

Severn Trent Stock Down 0.3 %

The company has a quick ratio of 0.73, a current ratio of 2.14 and a debt-to-equity ratio of 450.94. The company has a market cap of £8.16 billion, a P/E ratio of 45.60, a P/E/G ratio of 4.69 and a beta of 0.38. The business's 50 day moving average is GBX 2,491.06 and its 200 day moving average is GBX 2,549.30.

About Severn Trent

As one of Britain's largest water companies, we provide over eight million people across our region with fresh, clean drinking water – about two billion litres every day. And when they've finished with it, we take it away again then clean and treat it before returning it safely back to the environment. We are one of only three listed water stocks in the UK, offering a valuable combination of reliable earnings, long term asset growth and an inflation-linked dividend.