Severn Trent (OTCMKTS:SVTRF) Trading Down 1.2% – Here’s What Happened

Severn Trent PLC (OTCMKTS:SVTRF)’s share price fell 1.2% during mid-day trading on Monday . The stock traded as low as $41.61 and last traded at $41.61. 122 shares were traded during trading, a decline of 83% from the average session volume of 715 shares. The stock had previously closed at $42.11.

Analyst Ratings Changes

Separately, Jefferies Financial Group upgraded Severn Trent to a “buy” rating in a research report on Friday, January 23rd. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, Severn Trent has a consensus rating of “Buy”.

Severn Trent Stock Performance

The company has a 50-day moving average of $42.72 and a 200-day moving average of $39.55.

About Severn Trent

Severn Trent PLC is a UK?based water utility company providing water supply and wastewater collection and treatment services. Operating primarily in the East and West Midlands regions of England, it serves residential, commercial and industrial customers through a network of treatment works, pumping stations and distribution mains. Its core activities include water abstraction, purification and distribution, as well as sewerage services, treatment plant operation and sludge management.

Beyond regulated supply in England and Wales, Severn Trent delivers non-regulated services under Severn Trent Services, a division that offers environmental consultancy, water infrastructure maintenance, laboratory testing and leak detection.