Avingtrans (LON:AVG) Sets New 1-Year High - Time to Buy?

Key Points

• New 52-week high: Avingtrans shares reached GBX 640 (last GBX 637) on Friday with about 999,849 shares traded, marking a fresh one‑year peak.
• Valuation and earnings: The stock has a market cap of £211.92m and a P/E of 30.19; it reported GBX 14.80 EPS for the quarter and analysts forecast roughly GBX 15.08 EPS for the fiscal year.
• Business strategy and operations: Avingtrans pursues a "Pinpoint‑Invest‑Exit" buy‑and‑build approach and supplies engineered products and aftermarket services to the energy, medical and industrial markets across three divisions.

Avingtrans plc (LON:AVG - Get Free Report) shares hit a new 52-week high on Friday . The company traded as high as GBX 640 and last traded at GBX 637, with a volume of 999849 shares changing hands. The stock had previously closed at GBX 610.

Avingtrans Price Performance

The stock has a fifty day simple moving average of GBX 564.66 and a two-hundred day simple moving average of GBX 531.92. The company has a market cap of £211.92 million, a PE ratio of 30.19 and a beta of 0.42. The company has a current ratio of 1.57, a quick ratio of 1.87 and a debt-to-equity ratio of 23.26.

Avingtrans (LON:AVG - Get Free Report) last posted its quarterly earnings results on Wednesday, February 25th. The company reported GBX 14.80 earnings per share (EPS) for the quarter. Avingtrans had a net margin of 4.54% and a return on equity of 6.13%. On average, equities analysts predict that Avingtrans plc will post 15.0753769 EPS 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. The Group has ten business units organised into three operating divisions: the Energy Divisions comprising Engineered Pumps & Motors (EPM) and Process Solutions & Rotating Equipment (PSRE) and the Medical Division.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.