Avingtrans (LON:AVG) Stock Price Passes Above 200-Day Moving Average of $381.34

Shares of Avingtrans plc (LON:AVG) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 381.34 ($4.79) and traded as high as GBX 428.50 ($5.38). Avingtrans shares last traded at GBX 425 ($5.34), with a volume of 48,447 shares changing hands.

Avingtrans Trading Up 1.8 %

The company has a market capitalization of £140.63 million, a PE ratio of 2,236.84 and a beta of 0.58. The company has a fifty day simple moving average of GBX 396.55 and a 200-day simple moving average of GBX 381.34. The company has a current ratio of 1.85, a quick ratio of 1.87 and a debt-to-equity ratio of 19.24.

Avingtrans Cuts Dividend

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

Insider Buying and Selling

In other Avingtrans news, insider Roger Steven McDowell sold 27,900 shares of the business’s stock in a transaction dated Monday, March 4th. The shares were sold at an average price of GBX 370 ($4.65), for a total value of £103,230 ($129,685.93). In other news, insider Stephen King sold 5,400 shares of the stock in a transaction on Monday, March 25th. The stock was sold at an average price of GBX 390 ($4.90), for a total transaction of £21,060 ($26,457.29). Also, insider Roger Steven McDowell sold 27,900 shares of the business’s stock in a transaction dated Monday, March 4th. The shares were sold at an average price of GBX 370 ($4.65), for a total transaction of £103,230 ($129,685.93). 24.03% of the stock is owned by company insiders.

About Avingtrans

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.