Severn Trent (OTCMKTS:SVTRF) Stock Price Down 0.1% – Here’s What Happened

Severn Trent PLC (OTCMKTS:SVTRF) shares were down 0.1% during mid-day trading on Tuesday. The stock traded as low as $40.66 and last traded at $40.66. 119 shares were traded during trading, a decline of 73% from the average session volume of 443 shares. The stock had previously closed at $40.70.

Analyst Ratings Changes

Separately, Jefferies Financial Group downgraded Severn Trent from a “buy” rating to a “hold” rating in a research report on Sunday, August 2nd. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock has an average rating of “Hold”.

Severn Trent Stock Down 0.1%

The business’s fifty day moving average price is $40.50 and its two-hundred day moving average price is $40.58.

Severn Trent Company Profile

Severn Trent plc is a United Kingdom-based water and wastewater services company. Through its regulated businesses, the company collects, treats and distributes drinking water and provides sewage collection, treatment and disposal services to households, businesses and other customers.

Severn Trent Water serves communities across the Midlands of England, while the company’s wastewater operations cover a broader area within its regulated region. Its activities include operating water treatment works, reservoirs, pumping stations and sewer networks, as well as maintaining and upgrading the infrastructure required to support reliable water and wastewater services.

The company also has activities outside its core regulated operations, including infrastructure-related services and non-household water retail through Water Plus, its joint venture with United Utilities.