James Mills Acquires 4,250 Shares of Porvair plc (LON:PRV) Stock

Porvair plc (LON:PRV) insider James Mills acquired 4,250 shares of the company’s stock in a transaction on Friday, April 19th. The stock was acquired at an average price of GBX 620 ($7.66) per share, with a total value of £26,350 ($32,546.94).

Porvair Price Performance

Shares of LON PRV opened at GBX 618 ($7.63) on Thursday. The business has a fifty day moving average price of GBX 630.64 and a two-hundred day moving average price of GBX 613.02. The stock has a market capitalization of £286.50 million, a PE ratio of 1,765.71 and a beta of 0.76. The company has a debt-to-equity ratio of 11.52, a current ratio of 2.22 and a quick ratio of 1.22. Porvair plc has a fifty-two week low of GBX 522 ($6.45) and a fifty-two week high of GBX 680 ($8.40).

Porvair Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, June 5th. Investors of record on Thursday, May 2nd will be given a GBX 4 ($0.05) dividend. The ex-dividend date of this dividend is Thursday, May 2nd. This represents a dividend yield of 0.61%. This is a boost from Porvair’s previous dividend of $2.00. Porvair’s dividend payout ratio (DPR) is presently 1,714.29%.

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a “hold” rating on shares of Porvair in a report on Tuesday, April 16th.

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.