Severn Trent (OTCMKTS:STRNY) Stock Price Crosses Below 50-Day Moving Average – Here’s What Happened

Severn Trent PLC (OTCMKTS:STRNYGet Free Report)’s stock price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $30.91 and traded as low as $30.64. Severn Trent shares last traded at $31.06, with a volume of 18,395 shares trading hands.

Analysts Set New Price Targets

Separately, Sanford C. Bernstein upgraded shares of Severn Trent from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 13th.

Get Our Latest Stock Analysis on Severn Trent

Severn Trent Stock Performance

The stock’s 50 day simple moving average is $30.89 and its 200-day simple moving average is $33.07.

About Severn Trent

(Get Free Report)

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.

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