Porvair (LON:PRV) Reaches New 12-Month High – Still a Buy?

Shares of Porvair plc (LON:PRV) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 920 and last traded at GBX 896, with a volume of 53000 shares changing hands. The stock had previously closed at GBX 842.

Analyst Ratings Changes

Separately, Shore Capital restated a “hold” rating on shares of Porvair in a research note on Tuesday, September 16th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, Porvair currently has an average rating of “Hold”.

Porvair Trading Up 6.4%

The stock has a market cap of £413.38 million, a price-to-earnings ratio of 24.41 and a beta of 0.76. The business has a 50-day simple moving average of GBX 803.64 and a two-hundred day simple moving average of GBX 760.22. The company has a debt-to-equity ratio of 19.67, a quick ratio of 1.22 and a current ratio of 1.83.

Porvair Company Profile

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.