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

Shares of Porvair plc (LON:PRV) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 850.34 and traded as high as GBX 862. Porvair shares last traded at GBX 844, with a volume of 93,203 shares traded.

Porvair Stock Up 0.9%

The company has a debt-to-equity ratio of 14.49, a current ratio of 1.94 and a quick ratio of 1.22. The firm has a market capitalization of £395.48 million, a P/E ratio of 21.19 and a beta of 0.52. The firm’s fifty day moving average price is GBX 852.26 and its 200-day moving average price is GBX 795.81.

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 return on equity of 10.96% and a net margin of 9.23%. As a group, equities research analysts forecast that Porvair plc will post 39.0358613 earnings per share 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.