Porvair (LON:PRV) Shares Cross Above Fifty Day Moving Average – Should You Sell?

Porvair plc (LON:PRV) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 773.10 and traded as high as GBX 802. Porvair shares last traded at GBX 780, with a volume of 281,050 shares traded.

Wall Street Analyst Weigh In

Separately, Shore Capital restated a “hold” rating on shares of Porvair in a research note on Tuesday, September 16th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold”.

Porvair Stock Up 3.8%

The firm has a market cap of £373.70 million, a P/E ratio of 22.07 and a beta of 0.76. The firm’s fifty day moving average is GBX 773.10 and its 200 day moving average is GBX 759.83. The company has a debt-to-equity ratio of 19.67, a quick ratio of 1.22 and a current ratio of 1.83.

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.