Severn Trent (LON:SVT) Share Price Crosses Above 200-Day Moving Average – Here’s Why

Shares of Severn Trent PLC (LON:SVT) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 2,518.90 ($32.97) and traded as high as GBX 2,541 ($33.25). Severn Trent shares last traded at GBX 2,536 ($33.19), with a volume of 687,198 shares traded.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. reissued a “neutral” rating on shares of Severn Trent in a research note on Friday, July 5th.

Severn Trent Stock Performance

The company has a market capitalization of £7.61 billion, a price-to-earnings ratio of 4,972.55, a price-to-earnings-growth ratio of 4.69 and a beta of 0.38. The company has a current ratio of 2.14, a quick ratio of 0.73 and a debt-to-equity ratio of 450.94. The firm has a 50-day simple moving average of GBX 2,589.14 and a two-hundred day simple moving average of GBX 2,518.90.

Insider Activity

In other news, insider Helen Miles sold 8,379 shares of the stock in a transaction on Thursday, July 25th. The shares were sold at an average price of GBX 2,500 ($32.72), for a total transaction of £209,475 ($274,146.05). Insiders own 0.25% of the company’s stock.

Severn Trent Company Profile

Severn Trent PLC operates as a water and sewerage company in England and Wales. It operates through two segments: Regulated Water and Waste Water, and Business Services. The Regulated Water and Waste Water segment offers water and waste water services to approximately 4.8 million households and businesses.