Porvair (LON:PRV) Stock Passes Below 200-Day Moving Average - Should You Sell?

Key Points

• Porvair stock fell below its 200-day moving average, trading as low as GBX 710 versus the 200-day MA of GBX 790.10 (50-day MA GBX 743.08) on volume of 33,877 shares, a bearish technical signal.
• Analysts maintain a consensus "Hold" rating (Shore Capital restated a Hold), indicating neutral market sentiment.
• Fundamentals show a market cap of £334.66m and a P/E of 18.47 with last quarter EPS of GBX 42.30 and ROE 11.21%, while insiders showed mixed activity—one sold 37,000 shares at GBX 810 and another bought 1,100 shares at GBX 819.

Porvair plc (LON:PRV - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 790.10 and traded as low as GBX 710. Porvair shares last traded at GBX 710, with a volume of 33,877 shares.

Analysts Set New Price Targets

Separately, Shore Capital Group restated a "hold" rating on shares of Porvair in a research note on Monday, February 9th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the company has a consensus rating of "Hold".

Porvair Stock Performance

The stock has a 50 day simple moving average of GBX 743.08 and a 200 day simple moving average of GBX 790.10. The company has a current ratio of 2.54, a quick ratio of 1.22 and a debt-to-equity ratio of 15.77. The stock has a market cap of £334.66 million, a P/E ratio of 18.47 and a beta of 0.44.

Porvair (LON:PRV - Get Free Report) last issued its earnings results on Monday, February 9th. The company reported GBX 42.30 earnings per share for the quarter. Porvair had a return on equity of 11.21% and a net margin of 9.36%. On average, equities analysts expect that Porvair plc will post 39.0358613 earnings per share for the current year.

Insider Buying and Selling

In related news, insider James Mills sold 37,000 shares of the business's stock in a transaction on Monday, February 23rd. The stock was sold at an average price of GBX 810, for a total transaction of £299,700. Also, insider Hooman Caman Javvi acquired 1,100 shares of Porvair stock in a transaction that occurred on Monday, February 23rd. The shares were purchased at an average price of GBX 819 per share, for a total transaction of £9,009. Insiders have bought 15,104 shares of company stock worth $12,806,816 in the last 90 days. Insiders own 1.79% 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. The Laboratory segment is involved in the design and manufacture of instruments and consumables for use in environmental and bioscience laboratories with a focus on water analysis instruments, diagnostics, and sample preparation equipment.

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