Severfield (LON:SFR) Stock Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

Severfield plc (LON:SFR)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 30.92 ($0.42) and traded as low as GBX 27.89 ($0.37). Severfield shares last traded at GBX 29.80 ($0.40), with a volume of 680,050 shares trading hands.

Severfield Stock Performance

The stock has a 50-day moving average of GBX 31.42 and a 200-day moving average of GBX 30.92. The firm has a market cap of £87.99 million, a price-to-earnings ratio of -639.48 and a beta of 0.80. 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 (LON:SFR) last announced its earnings results on Thursday, July 24th. The company reported GBX 4.30 earnings per share (EPS) for the quarter. Severfield had a return on equity of 7.24% and a net margin of 3.43%. As a group, analysts anticipate that Severfield plc will post 8.9704209 EPS for the current fiscal year.

Severfield Company Profile

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.