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

Shares of Porvair plc (LON:PRV) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 826.60 and traded as high as GBX 888.32. Porvair shares last traded at GBX 876, with a volume of 28,839 shares.

Porvair Trading Up 1.6%

The stock has a fifty day moving average of GBX 826.60 and a 200-day moving average of GBX 794.63. The company has a debt-to-equity ratio of 14.49, a quick ratio of 1.22 and a current ratio of 1.94. The company has a market cap of £410.44 million, a PE ratio of 22.04 and a beta of 0.52.

Porvair (LON:PRV) last released its earnings results on Monday, June 29th. The company reported GBX 22.10 earnings per share for the quarter. Porvair had a return on equity of 10.96% and a net margin of 9.23%. Sell-side analysts anticipate 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.