Severn Trent (LON:SVT) Trading Up 0.5% - Time to Buy?

Shares of Severn Trent PLC (LON:SVT - Get Free Report) rose 0.5% on Friday . The stock traded as high as GBX 2,613 ($32.98) and last traded at GBX 2,608 ($32.92). Approximately 220,539 shares were traded during mid-day trading, a decline of 81% from the average daily volume of 1,132,497 shares. The stock had previously closed at GBX 2,595 ($32.75).

Severn Trent Stock Performance

The stock's fifty day moving average is GBX 2,646.10 and its two-hundred day moving average is GBX 2,568.71. The company has a debt-to-equity ratio of 450.94, a quick ratio of 0.73 and a current ratio of 2.14. The firm has a market capitalization of £7.83 billion, a price-to-earnings ratio of 5,113.73, a price-to-earnings-growth ratio of 4.69 and a beta of 0.38.

Severn Trent Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, January 10th. Stockholders of record on Thursday, November 28th will be given a dividend of GBX 48.68 ($0.61) per share. This represents a dividend yield of 1.81%. The ex-dividend date of this dividend is Thursday, November 28th. Severn Trent's payout ratio is currently 22,941.18%.

Insider Activity

In other news, insider Helen Miles sold 18,472 shares of the firm's stock in a transaction dated Wednesday, October 16th. The shares were sold at an average price of GBX 2,714 ($34.25), for a total value of £501,330.08 ($632,752.85). Company insiders own 0.25% of the company's stock.

Severn Trent Company Profile

Severn Trent PLC operates as a water and sewerage company in England and Wales. It operates through two segments: Regulated Water and Waste Water, and Business Services. The Regulated Water and Waste Water segment offers water and waste water services to approximately 4.8 million households and businesses.

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