Avingtrans (LON:AVG) Shares Pass Above 200-Day Moving Average - Time to Sell?

Avingtrans plc (LON:AVG - Get Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 368.34 ($4.96) and traded as high as GBX 428 ($5.76). Avingtrans shares last traded at GBX 416.13 ($5.60), with a volume of 75,233 shares.

Avingtrans Price Performance

The stock has a 50 day moving average of GBX 376.90 and a two-hundred day moving average of GBX 368.34. The stock has a market cap of £134.50 million, a PE ratio of 37.45 and a beta of 0.52. 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 Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.