Severfield (LON:SFR) Stock Price Passes Above 200-Day Moving Average – Should You Sell?

Severfield plc (LON:SFRGet Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 76.07 ($0.99) and traded as high as GBX 82.82 ($1.08). Severfield shares last traded at GBX 82 ($1.06), with a volume of 209,210 shares trading hands.

Severfield Price Performance

The firm has a market capitalization of £246.35 million, a PE ratio of 1,640.00 and a beta of 0.80. 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 business’s 50 day moving average is GBX 80.90 and its two-hundred day moving average is GBX 76.20.

About Severfield

(Get Free Report)

Severfield plc, a structural steelwork company, engages in the designing, manufacturing, fabrication, construction, and erection of steelwork activities in the United Kingdom, Republic of Ireland, Europe, and India. The company manufactures metal decking products; plate girder sections, rectangular and/or circular apertures, optimal section profiles, and intumescent coating products.

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