Avingtrans (LON:AVG) Hits New 12-Month High - What's Next?

Key Points

• Avingtrans plc's share price reached a new 52-week high, trading at GBX 510 ($6.88) during mid-day on Monday, with a recent trading price of GBX 500 ($6.74).
• The company has a market cap of £165.65 million and reported a return on equity of 3.32% with a net margin of 2.68% in its latest earnings.
• Avingtrans employs a “buy and build” strategy in regulated engineering markets aimed at delivering significant shareholder value through a strong balance sheet and experienced management.

Avingtrans plc (LON:AVG - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 510 ($6.88) and last traded at GBX 500 ($6.74), with a volume of 74467 shares changing hands. The stock had previously closed at GBX 499.30 ($6.73).

Avingtrans Trading Up 0.1%

The firm has a market cap of £165.65 million, a price-to-earnings ratio of 2,688.17 and a beta of 0.52. The business has a fifty day moving average of GBX 455.43 and a two-hundred day moving average of GBX 407.62. The company has a debt-to-equity ratio of 21.69, a quick ratio of 1.87 and a current ratio of 1.82.

Avingtrans (LON:AVG - Get Free Report) last posted its earnings results on Wednesday, September 24th. The company reported GBX 23.70 EPS for the quarter. Avingtrans had a return on equity of 3.32% and a net margin of 2.68%. As a group, equities analysts expect that Avingtrans plc will post 15.0753769 earnings per share for the current fiscal year.

About Avingtrans

Avingtrans plc has a proven strategy of “buy and build” in highly regulated engineering markets, a strategy it has named “Pinpoint-Invest-Exit”. Significant shareholder value is delivered through a clear strategy, a strong balance sheet and an agile and experienced management team. Avingtrans designs, manufactures and supplies original equipment, systems and associated aftermarket services to the energy, medical and industrial markets worldwide.

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