Avingtrans (LON:AVG) Hits New 1-Year Low – Here’s Why

Avingtrans plc (LON:AVG) shares reached a new 52-week low 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 Performance

The company has a market capitalization of £280.18 million, a P/E ratio of 39.72 and a beta of 0.58. The company has a debt-to-equity ratio of 18.79, a quick ratio of 1.87 and a current ratio of 1.55. The business’s fifty day simple moving average is GBX 742.07 and its 200-day simple moving average is GBX 650.13.

Avingtrans (LON:AVG) last released its quarterly earnings data on Wednesday, September 30th. The company reported GBX 32 EPS for the quarter. Avingtrans had a net margin of 4.13% and a return on equity of 5.57%. As a group, equities analysts anticipate that Avingtrans plc will post 15.08 earnings per share for the current fiscal year.

Avingtrans Company Profile

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.