Severn Trent (OTCMKTS:SVTRF) Shares Down 1.2% – What’s Next?

Shares of Severn Trent PLC (OTCMKTS:SVTRF) were down 1.2% during mid-day trading on Monday . The stock traded as low as $41.61 and last traded at $41.61. Approximately 122 shares were traded during trading, a decline of 83% from the average daily volume of 715 shares. The stock had previously closed at $42.11.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group raised Severn Trent to a “buy” rating in a research note on Friday, January 23rd. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, Severn Trent currently has an average rating of “Buy”.

Severn Trent Stock Performance

The company has a 50 day simple moving average of $42.61 and a 200-day simple moving average of $39.49.

About Severn Trent

Severn Trent PLC is a UK‐based water utility company providing water supply and wastewater collection and treatment services. Operating primarily in the East and West Midlands regions of England, it serves residential, commercial and industrial customers through a network of treatment works, pumping stations and distribution mains. Its core activities include water abstraction, purification and distribution, as well as sewerage services, treatment plant operation and sludge management.

Beyond regulated supply in England and Wales, Severn Trent delivers non-regulated services under Severn Trent Services, a division that offers environmental consultancy, water infrastructure maintenance, laboratory testing and leak detection.