Insider Buying: Porvair (LON:PRV) Insider Acquires £49,546.30 in Stock

Porvair plc (LON:PRV) insider Hooman Caman Javvi purchased 5,567 shares of the company’s stock in a transaction on Thursday, October 15th. The stock was bought at an average price of GBX 890 per share, for a total transaction of £49,546.30.

Porvair Stock Down 0.2%

PRV stock opened at GBX 870 on Thursday. The company has a current ratio of 1.94, a quick ratio of 1.22 and a debt-to-equity ratio of 14.49. Porvair plc has a twelve month low of GBX 678.82 and a twelve month high of GBX 938. The company’s 50 day moving average is GBX 870.43 and its two-hundred day moving average is GBX 822.92. The stock has a market cap of £401.98 million, a P/E ratio of 21.53 and a beta of 0.52.

Analyst Upgrades and Downgrades

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