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

Avingtrans plc (LON:AVG) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 392.74 ($5.33) and traded as high as GBX 470 ($6.38). Avingtrans shares last traded at GBX 468.50 ($6.36), with a volume of 9,858 shares changing hands.

Avingtrans Stock Performance

The stock has a 50-day simple moving average of GBX 436.51 and a 200-day simple moving average of GBX 392.74. The company has a market capitalization of £155.03 million, a price-to-earnings ratio of 3,808.94 and a beta of 0.52. The company has a current ratio of 1.82, a quick ratio of 1.87 and a debt-to-equity ratio of 21.69.

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.