Severfield (LON:SFR) Shares Down 44.4% – Should You Sell?

Shares of Severfield plc (LON:SFR) fell 44.4% during mid-day trading on Monday . The company traded as low as GBX 25.20 ($0.32) and last traded at GBX 26.53 ($0.34). 14,188,858 shares changed hands during trading, an increase of 2,004% from the average session volume of 674,410 shares. The stock had previously closed at GBX 47.70 ($0.61).

Severfield Stock Down 0.9 %

The company has a current ratio of 1.15, a quick ratio of 0.99 and a debt-to-equity ratio of 19.24. The firm has a market capitalization of £66.55 million, a price-to-earnings ratio of 4.34 and a beta of 0.80. The firm has a 50 day moving average price of GBX 48.48 and a two-hundred day moving average price of GBX 66.02.

Severfield Cuts Dividend

The firm also recently disclosed 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 is currently 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.