Severfield PLC (LON:SFR) insider Ian Cochrane purchased 197 shares of the stock in a transaction on Monday, August 19th. The stock was bought at an average cost of GBX 63 ($0.82) per share, for a total transaction of £124.11 ($162.17).

Shares of LON:SFR traded up GBX 1 ($0.01) on Monday, reaching GBX 63 ($0.82). 21,223 shares of the company’s stock were exchanged, compared to its average volume of 129,418. The company’s fifty day moving average price is GBX 66.39. Severfield PLC has a twelve month low of GBX 62 ($0.81) and a twelve month high of GBX 86 ($1.12). The firm has a market cap of $192.72 million and a P/E ratio of 9.55. The company has a quick ratio of 1.40, a current ratio of 1.57 and a debt-to-equity ratio of 0.03.

The firm also recently announced a dividend, which will be paid on Friday, September 13th. Shareholders of record on Thursday, August 15th will be given a dividend of GBX 1.80 ($0.02) per share. This represents a dividend yield of 2.52%. The ex-dividend date is Thursday, August 15th. This is a positive change from Severfield’s previous dividend of $1.00. Severfield’s dividend payout ratio is presently 0.45%.

Several research firms have weighed in on SFR. Peel Hunt reissued a “buy” rating on shares of Severfield in a report on Monday, June 17th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 98 ($1.28) price target on shares of Severfield in a report on Wednesday, June 19th.

About Severfield

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 internationally. It manufactures metal decking products; composite metal flooring products; and steel and plated beams, steel sections, steelwork products, and intumescent coatings.

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