Porvair (LON:PRV) Insider James Mills Purchases 3,897 Shares of Stock

Porvair plc (LON:PRV) insider James Mills acquired 3,897 shares of the business’s stock in a transaction dated Thursday, October 15th. The shares were acquired at an average cost of GBX 890 per share, with a total value of £34,683.30.

Porvair Price Performance

LON PRV opened at GBX 890 on Tuesday. Porvair plc has a fifty-two week low of GBX 678.82 and a fifty-two week high of GBX 938. The company has a debt-to-equity ratio of 14.49, a quick ratio of 1.22 and a current ratio of 1.94. The company has a market capitalization of £411.22 million, a PE ratio of 22.03 and a beta of 0.52. The business’s fifty day moving average is GBX 870.99 and its 200 day moving average is GBX 820.67.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 1,050 price target on shares of Porvair in a research report on Thursday, October 15th. Berenberg Bank dropped their target price on shares of Porvair from GBX 1,050 to GBX 1,000 and set a “buy” rating for the company in a report on Thursday, October 15th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 1,025.

About Porvair

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.