Porvair (LON:PRV) Stock Price Passes Above 50-Day Moving Average – What’s Next?

Porvair plc (LON:PRV) shares crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 826.60 and traded as high as GBX 888.32. Porvair shares last traded at GBX 876, with a volume of 28,839 shares traded.

Porvair Stock Performance

The company has a quick ratio of 1.22, a current ratio of 1.94 and a debt-to-equity ratio of 14.49. The firm has a 50 day moving average price of GBX 826.60 and a 200 day moving average price of GBX 794.63. The stock has a market cap of £410.44 million, a PE ratio of 22.04 and a beta of 0.52.

Porvair (LON:PRV) last released its quarterly earnings data on Monday, June 29th. The company reported GBX 22.10 earnings per share for the quarter. Porvair had a net margin of 9.23% and a return on equity of 10.96%. As a group, research analysts forecast that Porvair plc will post 39.0358613 earnings per share for the current year.

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.