Porvair (LON:PRV) Stock Passes Above 50-Day Moving Average – What’s Next?

Porvair plc (LON:PRV)’s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 810.04 and traded as high as GBX 862. Porvair shares last traded at GBX 838, with a volume of 18,406 shares trading hands.

Porvair Stock Down 2.6%

The firm has a market cap of £386.28 million, a price-to-earnings ratio of 20.74 and a beta of 0.52. The company has a current ratio of 1.94, a quick ratio of 1.22 and a debt-to-equity ratio of 14.49. The firm has a 50 day moving average price of GBX 810.04 and a 200-day moving average price of GBX 795.38.

Porvair (LON:PRV) last issued its quarterly earnings data on Monday, June 29th. The company reported GBX 22.10 earnings per share for the quarter. Porvair had a net margin of 9.23% and a return on equity of 10.96%. On average, equities analysts forecast that Porvair plc will post 39.0358613 EPS for the current year.

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.