Porvair (LON:PRV) Share Price Passes Below Two Hundred Day Moving Average - What's Next?

Key Points

• Porvair plc's share price fell below its 200-day moving average, trading as low as GBX 722.33 ($9.80) compared to the average of GBX 737.67 ($10.01).
• The company has a market capitalization of £334 million and a very high P/E ratio of 1,972.75, signaling potential overvaluation concerns.
• In its latest quarterly earnings, Porvair reported an EPS of GBX 20, with a net margin of 8.57% and analysts forecast an EPS of approximately 39.03 for the current year.

Shares of Porvair plc (LON:PRV - Get Free Report) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 737.67 ($10.01) and traded as low as GBX 722.33 ($9.80). Porvair shares last traded at GBX 724 ($9.82), with a volume of 37,734 shares traded.

Porvair Price Performance

The company has a market capitalization of £334.00 million, a P/E ratio of 1,972.75 and a beta of 0.76. The business's 50-day simple moving average is GBX 727.64 and its 200 day simple moving average is GBX 737.67. The company has a current ratio of 1.83, a quick ratio of 1.22 and a debt-to-equity ratio of 19.67.

Porvair (LON:PRV - Get Free Report) last released its quarterly earnings results on Monday, June 30th. The company reported GBX 20 EPS for the quarter. Porvair had a net margin of 8.57% and a return on equity of 10.75%. As a group, sell-side analysts anticipate that Porvair plc will post 39.0358613 EPS for the current year.

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.

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