Porvair plc (LON:PRV – Get Rating) shares passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 570.49 ($6.89) and traded as low as GBX 520 ($6.28). Porvair shares last traded at GBX 550 ($6.65), with a volume of 6,823 shares traded.
Analyst Upgrades and Downgrades
Separately, Shore Capital reiterated a “buy” rating on shares of Porvair in a report on Tuesday, September 13th.
Porvair Trading Down 8.7 %
The business has a fifty day moving average of GBX 567.89 and a 200-day moving average of GBX 586.45. The company has a debt-to-equity ratio of 12.60, a quick ratio of 1.22 and a current ratio of 2.00. The company has a market capitalization of £231.93 million and a P/E ratio of 1,930.77.
Porvair Cuts Dividend
Porvair Company Profile
Porvair plc, a filtration and environmental technology company, designs, manufactures, and sells filtration and separation equipment primarily in the United Kingdom. It operates in 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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