Avingtrans (LON:AVG) Shares Pass Above 200 Day Moving Average of $379.37

Avingtrans plc (LON:AVG)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 379.37 ($4.72) and traded as high as GBX 408 ($5.08). Avingtrans shares last traded at GBX 400 ($4.98), with a volume of 12,940 shares.

Avingtrans Stock Up 2.6 %

The stock has a market capitalization of £132.36 million, a P/E ratio of 2,105.26 and a beta of 0.58. The company has a debt-to-equity ratio of 19.24, a current ratio of 1.85 and a quick ratio of 1.87. The stock’s fifty day moving average is GBX 379.61 and its two-hundred day moving average is GBX 379.37.

Avingtrans Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, June 21st. Investors of record on Thursday, May 23rd will be given a GBX 1.80 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, May 23rd. This represents a dividend yield of 0.52%. Avingtrans’s dividend payout ratio (DPR) is presently 2,631.58%.

Insiders Place Their Bets

In other Avingtrans news, insider Stephen King sold 5,400 shares of the stock in a transaction that occurred on Monday, March 25th. The shares were sold at an average price of GBX 390 ($4.85), for a total value of £21,060 ($26,216.86). In other news, insider Stephen King sold 5,400 shares of the firm’s stock in a transaction on Monday, March 25th. The shares were sold at an average price of GBX 390 ($4.85), for a total transaction of £21,060 ($26,216.86). Also, insider Roger Steven McDowell sold 27,900 shares of the firm’s stock in a transaction on Monday, March 4th. The shares were sold at an average price of GBX 370 ($4.61), for a total transaction of £103,230 ($128,507.41). Insiders own 24.03% of the company’s stock.

Avingtrans Company Profile

Avingtrans plc engages in the provision of engineered components, systems, and services to the energy, medical, and infrastructure industries worldwide. It operates in three segments: Energy-EPM, Energy-PSRE, and Medical-MII. The company designs, manufactures, integrates, and services electric motors and pumps, steam turbines, gas compressors, pressure vessels, blast doors, containers, and skidded systems.