Porvair (LON:PRV) Shares Cross Above 50 Day Moving Average – Should You Sell?

Porvair plc (LON:PRV) shares passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 832.48 and traded as high as GBX 912. Porvair shares last traded at GBX 890, with a volume of 19,730 shares trading hands.

Porvair Stock Performance

The firm’s 50-day moving average price is GBX 833.50 and its 200 day moving average price is GBX 794.95. The company has a market cap of £404.72 million, a price-to-earnings ratio of 21.73 and a beta of 0.52. The company has a debt-to-equity ratio of 14.49, a quick ratio of 1.22 and a current ratio of 1.94.

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

About Porvair

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.