Porvair (LON:PRV) Stock Passes Above Fifty Day Moving Average – Time to Sell?

Shares of Porvair plc (LON:PRV) passed 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 trading hands.

Porvair Stock Performance

The stock has a market cap of £395.48 million, a PE ratio of 21.19 and a beta of 0.52. 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 business has a 50 day moving average price of GBX 850.34 and a two-hundred day moving average price of GBX 795.52.

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