Severn Trent (OTCMKTS:STRNY) Trading Up 0.9% – Time to Buy?

Severn Trent PLC (OTCMKTS:STRNY) shares shot up 0.9% during mid-day trading on Monday . The company traded as high as $40.31 and last traded at $39.89. 18,833 shares were traded during trading, an increase of 17% from the average session volume of 16,128 shares. The stock had previously closed at $39.55.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on STRNY. Citigroup raised Severn Trent from a “neutral” rating to a “buy” rating in a research note on Tuesday, January 20th. Kepler Capital Markets cut shares of Severn Trent from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 25th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Severn Trent currently has an average rating of “Moderate Buy”.

Severn Trent Stock Performance

The company has a fifty day simple moving average of $41.58 and a two-hundred day simple moving average of $38.58.

About Severn Trent

Severn Trent Plc (OTCMKTS:STRNY) is an integrated water utility company based in Coventry, United Kingdom, specializing in the provision of water supply and wastewater treatment services. As one of the principal regulated water and sewerage companies in England and Wales, it delivers clean drinking water to households and businesses, manages sewer networks, operates sewage treatment works, and maintains extensive water infrastructure across its service regions. Its operations are governed by regulatory frameworks that aim to ensure high standards of water quality, environmental protection, and customer service.

The company traces its origins to the privatization of the regional water authorities in England and Wales in 1989.