Shares of Severn Trent Plc (LON:SVT – Get Rating) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 2,934.54 ($35.46) and traded as high as GBX 2,983 ($36.04). Severn Trent shares last traded at GBX 2,947 ($35.61), with a volume of 608,850 shares trading hands.
Wall Street Analyst Weigh In
SVT has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a GBX 3,300 ($39.87) target price on shares of Severn Trent in a research note on Thursday, May 26th. Royal Bank of Canada restated a "sector perform" rating and issued a GBX 2,950 ($35.65) target price on shares of Severn Trent in a research note on Tuesday, May 3rd. Morgan Stanley restated an "equal weight" rating and issued a GBX 2,950 ($35.65) target price on shares of Severn Trent in a research note on Tuesday, May 3rd. Finally, JPMorgan Chase & Co. restated an "underweight" rating on shares of Severn Trent in a research note on Wednesday, July 6th.
Get Severn Trent alerts:Severn Trent Stock Down 0.4 %
The company has a current ratio of 0.74, a quick ratio of 0.67 and a debt-to-equity ratio of 535.70. The stock has a market capitalization of £7.38 billion and a P/E ratio of -83.72. The stock's 50 day simple moving average is GBX 2,870.42 and its 200 day simple moving average is GBX 2,934.54.
Insider Buying and Selling at Severn Trent
In related news, insider Gillian Sheldon acquired 350 shares of Severn Trent stock in a transaction on Thursday, July 7th. The shares were purchased at an average cost of GBX 2,792 ($33.74) per share, for a total transaction of £9,772 ($11,807.64). In other Severn Trent news, insider Olivia (Liv) Garfield sold 37,222 shares of the stock in a transaction on Tuesday, July 26th. The shares were sold at an average price of GBX 2,913 ($35.20), for a total transaction of £1,084,276.86 ($1,310,146.04). Also, insider Gillian Sheldon bought 350 shares of the company's stock in a transaction on Thursday, July 7th. The shares were acquired at an average cost of GBX 2,792 ($33.74) per share, for a total transaction of £9,772 ($11,807.64).Severn Trent Company Profile
(Get Rating)
Severn Trent Plc operates as a water and sewerage company in England and Wales. It operates in 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 in the Midlands and Wales.
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