Avingtrans (LON:AVG) Reaches New 52-Week Low – Here’s What Happened

Avingtrans plc (LON:AVG)’s share price reached a new 52-week low during mid-day trading on Tuesday. The stock traded as low as GBX 258.40 and last traded at GBX 758.67, with a volume of 58,466 shares trading hands. The stock had previously closed at GBX 760.

Avingtrans Stock Up 0.0%

The company has a quick ratio of 1.87, a current ratio of 1.55 and a debt-to-equity ratio of 18.79. The firm has a market cap of £280.70 million, a price-to-earnings ratio of 39.79 and a beta of 0.58. The stock’s 50 day moving average is GBX 744.22 and its 200 day moving average is GBX 653.44.

Avingtrans (LON:AVG) last announced its earnings results on Wednesday, September 30th. The company reported GBX 32 EPS for the quarter. Avingtrans had a return on equity of 5.57% and a net margin of 4.13%. Analysts forecast that Avingtrans plc will post 15.08 EPS for the current year.

About Avingtrans

Avingtrans plc has a proven strategy of “buy and build” in highly regulated engineering markets, a strategy it has named “Pinpoint-Invest-Exit”. Significant shareholder value is delivered through a clear strategy, a strong balance sheet and an agile and experienced management team.

Avingtrans designs, manufactures and supplies original equipment, systems and associated aftermarket services to the energy, medical and industrial markets worldwide.

The Group has ten business units organised into three operating divisions: the Energy Divisions comprising Engineered Pumps & Motors (EPM) and Process Solutions & Rotating Equipment (PSRE) and the Medical Division.