Insider Buying: Severfield (LON:SFR) Insider Buys £1,960.14 in Stock

Severfield plc (LON:SFR) insider Andrew Page bought 5,026 shares of the company’s stock in a transaction that occurred on Thursday, October 29th. The shares were bought at an average cost of GBX 39 per share, for a total transaction of £1,960.14.

Andrew Page also recently made the following trade(s):

• On Wednesday, October 7th, Andrew Page bought 5,065 shares of Severfield stock. The stock was purchased at an average price of GBX 39 per share, with a total value of £1,975.35.
• On Wednesday, August 26th, Andrew Page purchased 5,084 shares of Severfield stock. The shares were acquired at an average price of GBX 39 per share, with a total value of £1,982.76.

Severfield Trading Down 1.1%

Shares of Severfield stock opened at GBX 38.75 on Friday. The company has a quick ratio of 0.98, a current ratio of 1.05 and a debt-to-equity ratio of 48.45. The stock has a market capitalization of £114.42 million, a P/E ratio of -3.22 and a beta of 0.90. The company has a 50-day simple moving average of GBX 38.05 and a 200 day simple moving average of GBX 31.96. Severfield plc has a 12-month low of GBX 21.30 and a 12-month high of GBX 41.77.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group restated a “buy” rating and issued a GBX 40 target price on shares of Severfield in a research report on Wednesday, July 29th. Two investment analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of GBX 44.

Severfield Company Profile

Severfield is the largest specialist structural steelwork group in the UK, with a growing presence in India and Europe and a reputation for performance and innovation.

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.