Porvair (LON:PRV) Stock Price Crosses Above 50 Day Moving Average - Here's What Happened

Porvair plc (LON:PRV - Get Free Report)'s share price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 695.86 ($9.25) and traded as high as GBX 768 ($10.20). Porvair shares last traded at GBX 764 ($10.15), with a volume of 87,367 shares traded.

Analyst Upgrades and Downgrades

Separately, Shore Capital reissued a "hold" rating on shares of Porvair in a research report on Tuesday, April 15th.

Porvair Price Performance

The company has a debt-to-equity ratio of 19.67, a current ratio of 1.83 and a quick ratio of 1.22. The business's 50 day moving average price is GBX 699.26 and its 200-day moving average price is GBX 688.80. The company has a market cap of £353.23 million, a P/E ratio of 22.89 and a beta of 0.76.

Porvair (LON:PRV - Get Free Report) last issued its earnings results on Monday, February 10th. The company reported GBX 38.60 ($0.51) EPS for the quarter. Porvair had a net margin of 8.57% and a return on equity of 10.75%. On average, analysts anticipate that Porvair plc will post 39.0358613 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, insider Ben Stocks sold 70,000 shares of the business's stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of GBX 716 ($9.51), for a total transaction of £501,200 ($665,958.01). Insiders own 21.55% of the company's stock.

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.