Insider Buying: Porvair (LON:PRV) Insider Buys £49,530.18 in Stock

Porvair plc (LON:PRV) insider Hooman Caman Javvi acquired 5,946 shares of the company’s stock in a transaction dated Monday, October 26th. The shares were purchased at an average cost of GBX 833 per share, for a total transaction of £49,530.18.

Hooman Caman Javvi also recently made the following trade(s):

• On Thursday, October 15th, Hooman Caman Javvi bought 5,567 shares of Porvair stock. The shares were purchased at an average cost of GBX 890 per share, with a total value of £49,546.30.

Porvair Stock Performance

PRV opened at GBX 876 on Friday. The company has a debt-to-equity ratio of 14.49, a current ratio of 1.94 and a quick ratio of 1.22. The firm has a fifty day moving average price of GBX 868.53 and a 200 day moving average price of GBX 818.88. Porvair plc has a 1 year low of GBX 678.82 and a 1 year high of GBX 938. The stock has a market cap of £404.76 million, a P/E ratio of 21.68 and a beta of 0.52.

Analyst Upgrades and Downgrades

PRV has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 1,050 price target on shares of Porvair in a report on Thursday, October 15th. Berenberg Bank dropped their price objective on Porvair from GBX 1,050 to GBX 1,000 and set a “buy” rating on the stock in a report on Thursday, October 15th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,025.

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.