Severn Trent (OTCMKTS:STRNY) Trading Up 0.9% – Here’s What Happened

Severn Trent PLC (OTCMKTS:STRNY)’s share price was up 0.9% during trading on Tuesday . The stock traded as high as $39.18 and last traded at $38.61. Approximately 17,598 shares were traded during mid-day trading, a decline of 36% from the average daily volume of 27,417 shares. The stock had previously closed at $38.25.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on STRNY shares. Zacks Research lowered Severn Trent from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 22nd. Citigroup raised Severn Trent from a “neutral” rating to a “buy” rating in a research note on Tuesday. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Severn Trent Stock Performance

The stock has a 50 day moving average price of $37.70 and a two-hundred day moving average price of $36.63.

Severn Trent Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Thursday, January 22nd. Investors of record on Tuesday, December 2nd will be given a dividend of $0.6091 per share. This represents a yield of 409.0%. The ex-dividend date of this dividend is Monday, December 1st. Severn Trent’s dividend payout ratio (DPR) is presently 147.68%.

Severn Trent Company Profile

Severn Trent Plc (OTCMKTS:STRNY) is an integrated water utility company based in Coventry, United Kingdom, specializing in the provision of water supply and wastewater treatment services. As one of the principal regulated water and sewerage companies in England and Wales, it delivers clean drinking water to households and businesses, manages sewer networks, operates sewage treatment works, and maintains extensive water infrastructure across its service regions. Its operations are governed by regulatory frameworks that aim to ensure high standards of water quality, environmental protection, and customer service.

The company traces its origins to the privatization of the regional water authorities in England and Wales in 1989.