Devro (LON:DVO) Receives “Hold” Rating from Peel Hunt
Peel Hunt reaffirmed their hold rating on shares of Devro (LON:DVO) in a research report report published on Thursday, ThisIsMoney.Co.Uk reports.
Separately, Shore Capital reissued a buy rating on shares of Devro in a research report on Tuesday, October 22nd.
Shares of LON:DVO traded up GBX 1.40 ($0.02) during midday trading on Thursday, hitting GBX 167 ($2.20). 253,937 shares of the company’s stock were exchanged, compared to its average volume of 128,464. The company has a debt-to-equity ratio of 112.94, a current ratio of 2.90 and a quick ratio of 1.50. The stock has a 50 day moving average price of GBX 171.68 and a 200-day moving average price of GBX 176.97. The company has a market cap of $278.81 million and a PE ratio of 18.35. Devro has a 12 month low of GBX 147.76 ($1.94) and a 12 month high of GBX 222 ($2.92).
Devro plc, together with its subsidiaries, manufactures and supplies collagen casings in the Americas, Europe, and the Asia-Pacific. It offers edible and non-edible collagen casings, tubular films, and plastic casings for use in the production of a range of sausages and other meat products. The company sells its products to food manufacturers through agents and distributors.
Featured Article: Cost of Goods Sold (COGS)
Receive News & Ratings for Devro Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Devro and related companies with MarketBeat.com's FREE daily email newsletter.