Porvair (LON:PRV) Stock Price Crosses Above 50-Day Moving Average – Here’s What Happened

Porvair plc (LON:PRV) shares passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 820.52 and traded as high as GBX 839.99. Porvair shares last traded at GBX 826, with a volume of 29,538 shares changing hands.

Porvair Price Performance

The company’s fifty day moving average price is GBX 820.52 and its two-hundred day moving average price is GBX 794.87. The company has a quick ratio of 1.22, a current ratio of 1.94 and a debt-to-equity ratio of 14.49. The company has a market cap of £380.75 million, a price-to-earnings ratio of 20.45 and a beta of 0.52.

Porvair (LON:PRV) last issued its quarterly earnings data on Monday, June 29th. The company reported GBX 22.10 EPS for the quarter. Porvair had a net margin of 9.23% and a return on equity of 10.96%. On average, equities research analysts forecast that Porvair plc will post 39.0358613 EPS for the current fiscal year.

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. The Laboratory segment is involved in the design and manufacture of instruments and consumables for use in environmental and bioscience laboratories with a focus on water analysis instruments, diagnostics, and sample preparation equipment.