Porvair (LON:PRV) Insider Buys 5,946 Shares of Company Stock

Porvair plc (LON:PRV) insider Hooman Caman Javvi purchased 5,946 shares of the firm’s stock in a transaction on Monday, October 26th. The stock was bought at an average price of GBX 833 per share, for a total transaction of £49,530.18.

Hooman Caman Javvi also recently made the following trade(s):

• On Thursday, October 15th, Hooman Caman Javvi acquired 5,567 shares of Porvair stock. The shares were bought at an average cost of GBX 890 per share, with a total value of £49,546.30.

Porvair Trading Up 0.2%

PRV stock opened at GBX 831.68 on Tuesday. The company has a market cap of £384.28 million, a price-to-earnings ratio of 20.59 and a beta of 0.52. The company has a quick ratio of 1.22, a current ratio of 1.94 and a debt-to-equity ratio of 14.49. The business has a fifty day simple moving average of GBX 868.43 and a 200-day simple moving average of GBX 818.51. Porvair plc has a 52 week low of GBX 678.82 and a 52 week high of GBX 938.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. Berenberg Bank dropped their price target on Porvair from GBX 1,050 to GBX 1,000 and set a “buy” rating for the company in a research note on Thursday, October 15th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 1,050 price objective on shares of Porvair in a report on Thursday, October 15th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,025.

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.