EVRAZ (LON:EVR) Share Price Passes Below 200-Day Moving Average of $599.25

EVRAZ plc (LON:EVR)’s share price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 599.25 ($8.13) and traded as low as GBX 577 ($7.83). EVRAZ shares last traded at GBX 579.80 ($7.87), with a volume of 1,905,653 shares changing hands.

Separately, Morgan Stanley reiterated an “overweight” rating and issued a GBX 650 ($8.82) price objective on shares of EVRAZ in a research note on Thursday, November 25th.

The business’s 50-day moving average price is GBX 600.47 and its 200 day moving average price is GBX 599.25. The stock has a market capitalization of £8.46 billion and a PE ratio of 7.42. The company has a debt-to-equity ratio of 291.24, a quick ratio of 0.83 and a current ratio of 1.38.

The company also recently declared a dividend, which was paid on Friday, January 14th. Stockholders of record on Thursday, December 23rd were given a dividend of $0.20 per share. The ex-dividend date of this dividend was Thursday, December 23rd. This represents a dividend yield of 2.49%. EVRAZ’s dividend payout ratio (DPR) is currently 0.90%.

EVRAZ Company Profile (LON:EVR)

EVRAZ plc, together with its subsidiaries, produces and distributes steel and related products in Russia, the Americas, Asia, Europe, CIS, Africa, and internationally. It operates through four segments: Steel; Steel, North America; Coal; and Other Operations. The company offers steel products; various coking coal blends, including hard, semi-hard, and semi-soft; and value-added products, such as infrastructure steel, rails, large diameter pipes, and tubular goods.

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