Severfield (LON:SFR) Share Price Passes Below 200-Day Moving Average of $62.44

Severfield plc (LON:SFRGet Rating) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 62.44 ($0.75) and traded as low as GBX 53.59 ($0.65). Severfield shares last traded at GBX 53.60 ($0.65), with a volume of 13,664 shares.

Severfield Trading Down 4.3 %

The firm has a market capitalization of ¬£165.91 million and a PE ratio of 1,072.00. The company has a quick ratio of 0.93, a current ratio of 1.14 and a debt-to-equity ratio of 14.94. The business’s fifty day moving average price is GBX 58.09 and its 200 day moving average price is GBX 62.44.

Insider Transactions at Severfield

In other news, insider Adam Semple sold 17,357 shares of Severfield stock in a transaction dated Tuesday, June 28th. The shares were sold at an average price of GBX 62 ($0.75), for a total transaction of £10,761.34 ($13,003.07).

Severfield Company Profile

(Get Rating)

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, Mainland Europe, and India. The company manufactures metal decking products; plate girder sections, rectangular and/or circular apertures, optimal section profiles, and intumescent coating products.

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