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

Key Points

• Porvair's shares fell below their 200‑day moving average, trading as low as GBX 739.39 and last at GBX 778 versus a 200‑day MA of GBX 789.68 (50‑day MA GBX 842.78).
• Analysts view the stock as a Hold: Shore Capital reaffirmed a Hold rating and the consensus rating is currently Hold.
• Notable insider activity: James Mills sold 37,000 shares at GBX 810 (≈£299,700) on Feb 23 while Lisa Anson acquired 2,369 shares at GBX 838 on Feb 16; insiders own about 1.64% of the company.

Porvair plc (LON:PRV - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 789.68 and traded as low as GBX 739.39. Porvair shares last traded at GBX 778, with a volume of 53,111 shares.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group reaffirmed a "hold" rating on shares of Porvair in a report on Monday, February 9th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has a consensus rating of "Hold".

Porvair Stock Down 0.5%

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's fifty day moving average price is GBX 842.78 and its 200-day moving average price is GBX 789.68. The stock has a market cap of £357.09 million, a P/E ratio of 21.09 and a beta of 0.47.

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

Insider Transactions at Porvair

In related news, insider James Mills sold 37,000 shares of the firm's stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of GBX 810, for a total transaction of £299,700. Also, insider Lisa Anson acquired 2,369 shares of the company's stock in a transaction that occurred on Monday, February 16th. The shares were acquired at an average price of GBX 838 per share, with a total value of £19,852.22. Over the last three months, insiders have acquired 15,104 shares of company stock worth $12,806,816. 1.64% of the stock is currently owned by company insiders.

About Porvair

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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