Severn Trent (LON:SVT) Stock Price Up 0.5% – Should You Buy?

Severn Trent PLC (LON:SVT) was up 0.5% during mid-day trading on Friday . The company traded as high as GBX 2,613 ($32.98) and last traded at GBX 2,608 ($32.92). Approximately 220,539 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 1,132,497 shares. The stock had previously closed at GBX 2,595 ($32.75).

Severn Trent Stock Performance

The firm’s 50 day simple moving average is GBX 2,646.10 and its 200 day simple moving average is GBX 2,568.30. The firm has a market cap of £7.83 billion, a PE ratio of 5,113.73, a PEG ratio of 4.69 and a beta of 0.38. The company has a current ratio of 2.14, a quick ratio of 0.73 and a debt-to-equity ratio of 450.94.

Severn Trent Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, January 10th. Investors of record on Thursday, November 28th will be given a GBX 48.68 ($0.61) dividend. The ex-dividend date of this dividend is Thursday, November 28th. This represents a dividend yield of 1.81%. Severn Trent’s dividend payout ratio is currently 22,941.18%.

Insider Activity at Severn Trent

In other Severn Trent news, insider Helen Miles sold 18,472 shares of Severn Trent stock in a transaction on Wednesday, October 16th. The shares were sold at an average price of GBX 2,714 ($34.25), for a total value of £501,330.08 ($632,752.85). 0.25% of the stock is owned by corporate insiders.

About Severn Trent

Severn Trent PLC operates as a water and sewerage company in England and Wales. It operates through two segments: Regulated Water and Waste Water, and Business Services. The Regulated Water and Waste Water segment offers water and waste water services to approximately 4.8 million households and businesses.