Porvair (LON:PRV) Trading 1% Higher
Shares of Porvair plc (LON:PRV) traded up 1% during mid-day trading on Friday . The stock traded as high as GBX 605.04 ($7.91) and last traded at GBX 590 ($7.71), 14,506 shares changed hands during trading. A decline of 59% from the average session volume of 35,026 shares. The stock had previously closed at GBX 584 ($7.63).
Several equities research analysts have issued reports on the company. Peel Hunt reissued a “buy” rating and set a GBX 600 ($7.84) target price on shares of Porvair in a research note on Wednesday, September 18th. Shore Capital reissued a “buy” rating on shares of Porvair in a research note on Wednesday, September 18th. Finally, Peel Hunt reissued a “buy” rating and set a GBX 600 ($7.84) target price on shares of Porvair in a research note on Wednesday, September 18th.
The firm has a 50 day simple moving average of GBX 593.48 and a 200-day simple moving average of GBX 575.75. The company has a debt-to-equity ratio of 5.36, a current ratio of 1.61 and a quick ratio of 0.97. The company has a market cap of $274.38 million and a price-to-earnings ratio of 25.00.
Porvair plc, a filtration and environmental technology company, designs, develops, and sells specialist filtration and separation equipment. It operates in three segments: Aerospace & Industrial, Laboratory, and Metal Melt Quality. The Aerospace & Industrial segment designs and manufactures a range of specialist filtration equipment for applications in aerospace, energy, and industrial applications.
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