Severfield (LON:SFR) Stock Price Down 45.7% – What’s Next?

Severfield plc (LON:SFR) dropped 45.7% on Monday . The stock traded as low as GBX 25.20 ($0.32) and last traded at GBX 25.90 ($0.33). Approximately 13,980,617 shares changed hands during mid-day trading, an increase of 1,988% from the average daily volume of 669,568 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 was Thursday, January 9th. This represents a yield of 1.61%. 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.