Severn Trent PLC (OTCMKTS:STRNY – Get Free Report) was the target of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 5,234 shares, an increase of 79.6% from the June 30th total of 2,915 shares. Based on an average daily volume of 33,580 shares, the days-to-cover ratio is presently 0.2 days.
Severn Trent Stock Performance
OTCMKTS:STRNY opened at $41.34 on Friday. The stock’s 50 day moving average price is $40.38 and its 200 day moving average price is $41.35. Severn Trent has a 52 week low of $33.73 and a 52 week high of $45.46.
Analysts Set New Price Targets
STRNY has been the topic of several research reports. BNP Paribas Exane assumed coverage on shares of Severn Trent in a research note on Monday, June 29th. They issued a “neutral” rating on the stock. Royal Bank Of Canada restated a “sector perform” rating on shares of Severn Trent in a report on Monday, June 1st. Citigroup reaffirmed a “neutral” rating on shares of Severn Trent in a research note on Thursday, June 11th. Finally, Zacks Research upgraded Severn Trent from a “strong sell” rating to a “hold” rating in a report on Friday, June 12th. One equities research analyst has rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.
Severn Trent Company Profile
Severn Trent Plc (OTCMKTS:STRNY) is an integrated water utility company based in Coventry, United Kingdom, specializing in the provision of water supply and wastewater treatment services. As one of the principal regulated water and sewerage companies in England and Wales, it delivers clean drinking water to households and businesses, manages sewer networks, operates sewage treatment works, and maintains extensive water infrastructure across its service regions. Its operations are governed by regulatory frameworks that aim to ensure high standards of water quality, environmental protection, and customer service.
The company traces its origins to the privatization of the regional water authorities in England and Wales in 1989.
See Also
- Five stocks we like better than Severn Trent
- Generac’s AI Power Story Is Becoming Bigger Than the Weather
- Everyone’s Focused on China—But That’s Not ASML’s Biggest Risk
- Chipotle Mexican Grill Stock Rallies as Q2 Results Top Fears, Guidance Rises
- L3Harris’ Record Backlog Makes Its Stock Sell-Off Look Overdone
Receive News & Ratings for Severn Trent Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Severn Trent and related companies with MarketBeat.com's FREE daily email newsletter.
