Avingtrans (LON:AVG) Shares Pass Above 200-Day Moving Average – Time to Sell?

Avingtrans plc (LON:AVG) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 368.34 ($4.96) and traded as high as GBX 428 ($5.76). Avingtrans shares last traded at GBX 416.13 ($5.60), with a volume of 75,233 shares.

Avingtrans Price Performance

The stock has a 50 day moving average of GBX 376.90 and a two-hundred day moving average of GBX 368.34. The stock has a market cap of £134.50 million, a PE ratio of 37.45 and a beta of 0.52. The company has a debt-to-equity ratio of 21.69, a quick ratio of 1.87 and a current ratio of 1.82.

Avingtrans Company Profile

Avingtrans plc has a proven strategy of “buy and build” in highly regulated engineering markets, a strategy it has named “Pinpoint-Invest-Exit”. Significant shareholder value is delivered through a clear strategy, a strong balance sheet and an agile and experienced management team.

Avingtrans designs, manufactures and supplies original equipment, systems and associated aftermarket services to the energy, medical and industrial markets worldwide.