Severn Trent (LON:SVT) Shares Cross Above 200 Day Moving Average – Here’s Why

Severn Trent PLC (LON:SVT)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 2,817.87 and traded as high as GBX 3,218. Severn Trent shares last traded at GBX 3,183, with a volume of 3,432,706 shares trading hands.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft cut their target price on shares of Severn Trent from GBX 3,000 to GBX 2,950 and set a “hold” rating for the company in a research note on Monday, January 19th. Five research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of GBX 2,928.80.

Severn Trent Stock Performance

The company has a market cap of £9.07 billion, a P/E ratio of 28.73, a price-to-earnings-growth ratio of 4.69 and a beta of 0.56. The stock has a 50 day moving average price of GBX 3,036.31 and a two-hundred day moving average price of GBX 2,819.91. The company has a quick ratio of 0.73, a current ratio of 1.43 and a debt-to-equity ratio of 601.64.

About Severn Trent

As one of Britain’s largest water companies, we supply fresh, clean drinking water to over nine million people across our region – around two billion litres every day. Once used, we collect, clean, and treat the water before safely returning it to the environment. We are one of only three listed water stocks in the UK, offering a valuable combination of reliable earnings, long-term asset growth, and inflation-linked dividends. The UK’s regulatory model provides a high degree of certainty over five-year periods.