Porvair (LON:PRV) Sets New 1-Year High – Here’s Why

Porvair plc (LON:PRV)’s share price reached a new 52-week high during trading on Monday . The company traded as high as GBX 920 and last traded at GBX 896, with a volume of 53000 shares. The stock had previously closed at GBX 842.

Analysts Set New Price Targets

Separately, Shore Capital reaffirmed a “hold” rating on shares of Porvair in a research note on Tuesday, September 16th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock has an average rating of “Hold”.

Porvair Stock Performance

The stock has a market cap of £413.38 million, a P/E ratio of 24.41 and a beta of 0.76. The company has a fifty day moving average price of GBX 803.64 and a 200 day moving average price of GBX 760.22. The company has a debt-to-equity ratio of 19.67, a current ratio of 1.83 and a quick ratio of 1.22.

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.