Porvair (LON:PRV) Stock Price Crosses Above 50-Day Moving Average – Here’s What Happened

Porvair plc (LON:PRV) shares crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 820.52 and traded as high as GBX 839.99. Porvair shares last traded at GBX 826, with a volume of 29,538 shares traded.

Porvair Trading Up 0.5%

The firm has a market cap of £380.75 million, a P/E ratio of 20.45 and a beta of 0.52. The business’s 50-day moving average is GBX 820.52 and its two-hundred day moving average is GBX 794.87. The company has a debt-to-equity ratio of 14.49, a current ratio of 1.94 and a quick ratio of 1.22.

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