Peel Hunt Reiterates Hold Rating for Devro (LON:DVO)
Peel Hunt restated their hold rating on shares of Devro (LON:DVO) in a research note published on Tuesday morning, ThisIsMoney.Co.Uk reports.
Separately, Shore Capital reissued a buy rating on shares of Devro in a report on Thursday, April 23rd.
Shares of Devro stock opened at GBX 151.20 ($1.86) on Tuesday. The company has a market capitalization of $270.46 million and a price-to-earnings ratio of -6.41. The company has a quick ratio of 1.29, a current ratio of 2.42 and a debt-to-equity ratio of 199.33. Devro has a 12-month low of GBX 124.80 ($1.54) and a 12-month high of GBX 222 ($2.73). The firm’s 50-day moving average price is GBX 165.75 and its two-hundred day moving average price is GBX 160.72.
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.
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