Severfield (LON:SFR) Stock: Insider Andrew Page Buys 5,026 Shares

Severfield plc (LON:SFR) insider Andrew Page purchased 5,026 shares of the firm’s stock in a transaction that occurred on Thursday, October 29th. The shares were acquired 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 shares were acquired at an average price of GBX 39 per share, for a total transaction of £1,975.35.
• On Wednesday, August 26th, Andrew Page acquired 5,084 shares of Severfield stock. The shares were bought at an average cost of GBX 39 per share, for a total transaction of £1,982.76.

Severfield Trading Up 0.7%

Shares of LON:SFR traded up GBX 0.28 during trading on Thursday, hitting GBX 38.84. The company had a trading volume of 110,252 shares, compared to its average volume of 512,306. The stock has a market cap of £114.67 million, a price-to-earnings ratio of -3.23 and a beta of 0.90. Severfield plc has a one year low of GBX 21.30 and a one year high of GBX 41.77. The company has a fifty day simple moving average of GBX 38.04 and a two-hundred day simple moving average of GBX 31.87. The company has a debt-to-equity ratio of 48.45, a current ratio of 1.05 and a quick ratio of 0.98.

Wall Street Analyst Weigh In

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

About Severfield

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.