Avingtrans (LON:AVG) Insider Sells £994,000 in Stock

Avingtrans plc (LON:AVG) insider Stephen King sold 140,000 shares of the firm’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of GBX 710, for a total value of £994,000.

Avingtrans Stock Down 0.2%

Shares of AVG stock opened at GBX 718.30 on Friday. Avingtrans plc has a 12 month low of GBX 410 and a 12 month high of GBX 730. The company has a quick ratio of 1.87, a current ratio of 1.57 and a debt-to-equity ratio of 23.26. The firm has a market cap of £241.51 million, a PE ratio of 34.04 and a beta of 0.55. The stock has a 50 day moving average of GBX 654.39 and a 200-day moving average of GBX 605.65.

Avingtrans Company Profile

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.