Severfield (LON:SFR) Stock Price Passes Above Two Hundred Day Moving Average of $69.12

Severfield plc (LON:SFR) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 69.12 ($0.91) and traded as high as GBX 83.96 ($1.10). Severfield shares last traded at GBX 82.80 ($1.09), with a volume of 261,990 shares trading hands.

Severfield Stock Down 2.3 %

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 stock has a market cap of £246.13 million, a P/E ratio of 1,656.00 and a beta of 0.82. The company’s 50 day moving average price is GBX 80.43 and its two-hundred day moving average price is GBX 69.12.

Severfield Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, October 11th. Shareholders of record on Thursday, September 5th will be given a GBX 2.30 ($0.03) dividend. The ex-dividend date is Thursday, September 5th. This is an increase from Severfield’s previous dividend of $1.40. This represents a yield of 3.12%. Severfield’s dividend payout ratio (DPR) is presently 8,000.00%.

Severfield Company Profile

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.