Avingtrans (LON:AVG) Insider Sells 157,500 Shares of Stock

Avingtrans plc (LON:AVG) insider Stephen McQuillan sold 157,500 shares of Avingtrans stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of GBX 710, for a total value of £1,118,250.

Avingtrans Trading Up 1.4%

AVG stock traded up GBX 9.85 on Tuesday, hitting GBX 719.85. 328,838 shares of the company were exchanged, compared to its average volume of 109,751. The company has a debt-to-equity ratio of 23.26, a current ratio of 1.57 and a quick ratio of 1.87. The stock has a market capitalization of £242.03 million, a price-to-earnings ratio of 34.12 and a beta of 0.55. The business’s fifty day moving average is GBX 650.79 and its two-hundred day moving average is GBX 601.09. Avingtrans plc has a twelve month low of GBX 410 and a twelve month high of GBX 720.27.

About Avingtrans

Avingtrans plc has a proven strategy of “buy and build” in highly regulated engineering markets, a strategy it has named “Pinpoint-Invest-Exit”. Significant shareholder value is delivered through a clear strategy, a strong balance sheet and an agile and experienced management team.

Avingtrans designs, manufactures and supplies original equipment, systems and associated aftermarket services to the energy, medical and industrial markets worldwide.

The Group has ten business units organised into three operating divisions: the Energy Divisions comprising Engineered Pumps & Motors (EPM) and Process Solutions & Rotating Equipment (PSRE) and the Medical Division.