Severfield (LON:SFR) Shares Down 47.1% – Time to Sell?

Shares of Severfield plc (LON:SFR) traded down 47.1% on Monday . The company traded as low as GBX 25.24 ($0.32) and last traded at GBX 25.24 ($0.32). 9,168,673 shares traded hands during trading, an increase of 1,544% from the average session volume of 557,662 shares. The stock had previously closed at GBX 47.70 ($0.61).

Severfield Stock Down 4.3 %

The stock has a market capitalization of £64.24 million, a price-to-earnings ratio of 4.19 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 firm’s fifty day moving average is GBX 48.48 and its 200-day moving average is GBX 66.02.

Severfield Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, February 7th. Stockholders of record on Thursday, January 9th were issued a GBX 1.40 ($0.02) dividend. The ex-dividend date was Thursday, January 9th. This represents a dividend yield of 1.61%. Severfield’s dividend payout ratio (DPR) is 76.20%.

About Severfield

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.