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

Porvair plc (LON:PRV) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 810.04 and traded as high as GBX 862. Porvair shares last traded at GBX 838, with a volume of 18,406 shares.

Porvair Trading Down 2.6%

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 company has a market capitalization of £386.28 million, a P/E ratio of 20.74 and a beta of 0.52. The firm has a fifty day moving average price of GBX 810.04 and a 200-day moving average price of GBX 795.38.

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