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Porvair (LON:PRV) Share Price Crosses Above 50 Day Moving Average - Here's Why

Porvair logo with Industrials background

Porvair plc (LON:PRV - Get Free Report) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 725.02 ($9.76) and traded as high as GBX 808 ($10.87). Porvair shares last traded at GBX 786 ($10.58), with a volume of 173,980 shares traded.

Analyst Ratings Changes

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

Read Our Latest Analysis on Porvair

Porvair Price Performance

The business's fifty day moving average is GBX 735.94 and its 200-day moving average is GBX 702.15. 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 firm has a market cap of £372.45 million, a PE ratio of 24.13 and a beta of 0.76.

About Porvair

(Get Free Report)

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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