Severfield (LON:SFR) Stock Passes Above 200 Day Moving Average of $69.12

Severfield plc (LON:SFR)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-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.

Severfield Trading Down 1.0 %

The stock has a fifty day moving average price of GBX 80.65 and a 200 day moving average price of GBX 69.29. The stock has a market cap of £240.99 million, a PE ratio of 1,600.00 and a beta of 0.82. The company has a debt-to-equity ratio of 19.24, a quick ratio of 0.99 and a current ratio of 1.15.

Severfield Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, October 11th. Stockholders of record on Thursday, September 5th will be paid a GBX 2.30 ($0.03) dividend. The ex-dividend date of this dividend is Thursday, September 5th. This represents a dividend yield of 3.12%. This is an increase from Severfield’s previous dividend of $1.40. Severfield’s dividend payout ratio is currently 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.