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

Key Points

• Porvair shares dropped below their 200‑day moving average, trading as low as GBX 720 and last at GBX 726 versus the 200‑day MA of GBX 788.80 on a volume of 14,363 shares.
• Analysts carry a consensus Hold rating (Shore Capital restated a Hold), while the company shows mixed fundamentals with a market cap of £336.01m and a PE of 18.55.
• Insiders have been net buyers recently, purchasing shares at roughly GBX 819–838 and acquiring 15,104 shares over the last 90 days, with insiders owning about 1.79% of the stock.

Porvair plc (LON:PRV - Get Free Report)'s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 788.80 and traded as low as GBX 720. Porvair shares last traded at GBX 726, with a volume of 14,363 shares changing hands.

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 equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has a consensus rating of "Hold".

Porvair Trading Up 0.4%

The firm has a market cap of £336.01 million, a PE ratio of 18.55 and a beta of 0.51. The company has a debt-to-equity ratio of 15.77, a quick ratio of 1.22 and a current ratio of 2.54. The company has a 50 day simple moving average of GBX 732.92 and a two-hundred day simple moving average of GBX 788.80.

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

Insider Transactions at Porvair

In other Porvair news, insider Hooman Caman Javvi bought 1,100 shares of Porvair stock in a transaction that occurred on Monday, February 23rd. The stock was purchased at an average price of GBX 819 per share, with a total value of £9,009. Also, insider Lisa Anson bought 2,369 shares of Porvair stock in a transaction that occurred on Monday, February 16th. The shares were acquired at an average cost of GBX 838 per share, with a total value of £19,852.22. Insiders have acquired 15,104 shares of company stock worth $12,806,816 over the last 90 days. 1.79% of the stock is currently owned by company insiders.

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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