Severfield (LON:SFR) Stock: Insider Andrew Page Purchases 5,065 Shares

Severfield plc (LON:SFR) insider Andrew Page purchased 5,065 shares of the business’s stock in a transaction that occurred on Wednesday, October 7th. The shares were purchased at an average price of GBX 39 per share, for a total transaction of £1,975.35.

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

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

Severfield Price Performance

Severfield stock opened at GBX 37.60 on Friday. Severfield plc has a 52 week low of GBX 21.30 and a 52 week high of GBX 40. The company’s 50 day moving average price is GBX 38.09 and its two-hundred day moving average price is GBX 32.28. The stock has a market cap of £111.03 million, a P/E ratio of -3.13 and a beta of 0.93. The company has a quick ratio of 0.98, a current ratio of 1.05 and a debt-to-equity ratio of 48.45.

Wall Street Analysts Forecast Growth

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