Severfield (LON:SFR) Shares Pass Below Two Hundred Day Moving Average – Here’s Why

Shares of Severfield plc (LON:SFR) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 43.60 ($0.58) and traded as low as GBX 31.10 ($0.42). Severfield shares last traded at GBX 31.80 ($0.43), with a volume of 516,831 shares.

Severfield Price Performance

The firm has a market cap of £91.99 million, a PE ratio of 6.00 and a beta of 0.80. The company has a quick ratio of 0.99, a current ratio of 1.15 and a debt-to-equity ratio of 19.24. The stock has a 50 day moving average price of GBX 23.84 and a two-hundred day moving average price of GBX 43.52.

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.