Severn Trent (LON:SVT) Stock Passes Above Two Hundred Day Moving Average – Here’s Why

Severn Trent PLC (LON:SVT) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 2,551.38 ($34.22) and traded as high as GBX 2,770 ($37.15). Severn Trent shares last traded at GBX 2,758 ($36.99), with a volume of 342,683 shares.

Analyst Ratings Changes

A number of brokerages have issued reports on SVT. Deutsche Bank Aktiengesellschaft decreased their price target on Severn Trent from GBX 2,700 ($36.21) to GBX 2,600 ($34.87) and set a “hold” rating for the company in a research note on Thursday, March 6th. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Severn Trent in a report on Thursday, March 6th.

Severn Trent Stock Up 0.3 %

The stock has a market capitalization of £8.26 billion, a P/E ratio of 46.17, a PEG ratio of 4.69 and a beta of 0.38. The stock’s fifty day moving average is GBX 2,540.31 and its two-hundred day moving average is GBX 2,552.42. The company has a debt-to-equity ratio of 450.94, a current ratio of 2.14 and a quick ratio of 0.73.

Severn Trent Company Profile

As one of Britain’s largest water companies, we provide over eight million people across our region with fresh, clean drinking water – about two billion litres every day. And when they’ve finished with it, we take it away again then clean and treat it before returning it safely back 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 an inflation-linked dividend.