Severfield (LON:SFR) Shares Cross Below 200-Day Moving Average – Should You Sell?

Shares of Severfield plc (LON:SFRGet Free Report) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 32.26 and traded as low as GBX 27.30. Severfield shares last traded at GBX 27.30, with a volume of 276,314 shares changing hands.

Severfield Stock Performance

The company has a debt-to-equity ratio of 19.24, a quick ratio of 0.99 and a current ratio of 1.15. The stock has a market capitalization of £84.16 million, a P/E ratio of -6.12 and a beta of 0.80. The business has a 50-day moving average price of GBX 29.51 and a 200 day moving average price of GBX 32.26.

About Severfield

(Get Free Report)

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.

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