Insider Buying: Porvair plc (LON:PRV) Insider Purchases 4,250 Shares of Stock

Porvair plc (LON:PRV) insider James Mills bought 4,250 shares of Porvair stock in a transaction that occurred on Friday, April 19th. The shares were acquired at an average price of GBX 620 ($7.66) per share, for a total transaction of £26,350 ($32,546.94).

Porvair Stock Performance

LON:PRV opened at GBX 622 ($7.68) on Wednesday. The company has a current ratio of 2.22, a quick ratio of 1.22 and a debt-to-equity ratio of 11.52. The firm has a market capitalization of £288.36 million, a price-to-earnings ratio of 1,777.14 and a beta of 0.76. The firm’s fifty day simple moving average is GBX 630.92 and its 200 day simple moving average is GBX 612.65. Porvair plc has a twelve month low of GBX 522 ($6.45) and a twelve month high of GBX 680 ($8.40).

Porvair Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, June 5th. Shareholders of record on Thursday, May 2nd will be issued a GBX 4 ($0.05) dividend. The ex-dividend date of this dividend is Thursday, May 2nd. This represents a yield of 0.61%. This is a positive change from Porvair’s previous dividend of $2.00. Porvair’s payout ratio is currently 1,714.29%.

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a “hold” rating on shares of Porvair in a report on Tuesday, April 16th.

Porvair Company Profile

Porvair plc engages in the filtration, laboratory, and environmental technology business. It operates through three segments: Aerospace & Industrial, Laboratory, and Metal Melt Quality. The Aerospace & Industrial segment designs and manufactures a range of specialist filtration equipment for aerospace, energy, and industrial applications.