Severfield (LON:SFR) Trading Down 45.7% – Here’s What Happened

Severfield plc (LON:SFR)’s share price fell 45.7% on Monday . The company traded as low as GBX 25.20 ($0.32) and last traded at GBX 25.90 ($0.33). 13,980,617 shares were traded during trading, an increase of 1,988% from the average session volume of 669,568 shares. The stock had previously closed at GBX 47.70 ($0.61).

Severfield Trading Down 45.7 %

The firm has a fifty day moving average of GBX 49.07 and a 200-day moving average of GBX 66.45. The company has a debt-to-equity ratio of 19.24, a quick ratio of 0.99 and a current ratio of 1.15. The stock has a market capitalization of £75.63 million, a price-to-earnings ratio of 4.93 and a beta of 0.80.

Severfield Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, February 7th. Investors of record on Thursday, January 9th were given a dividend of GBX 1.40 ($0.02) per share. This represents a yield of 1.61%. The ex-dividend date was Thursday, January 9th. Severfield’s dividend payout ratio (DPR) is presently 76.20%.

Severfield Company Profile

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.