Porvair (LON:PRV) Stock Price Crosses Above 50 Day Moving Average – Time to Sell?

Porvair plc (LON:PRV) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 832.48 and traded as high as GBX 912. Porvair shares last traded at GBX 890, with a volume of 19,730 shares trading hands.

Porvair Stock Up 1.3%

The firm has a market cap of £415.79 million, a price-to-earnings ratio of 22.33 and a beta of 0.52. The firm’s fifty day moving average is GBX 832.48 and its two-hundred day moving average is GBX 794.88. The company has a debt-to-equity ratio of 14.49, a current ratio of 1.94 and a quick ratio of 1.22.

Porvair (LON:PRV) last announced its earnings results on Monday, June 29th. The company reported GBX 22.10 earnings per share (EPS) for the quarter. Porvair had a net margin of 9.23% and a return on equity of 10.96%. On average, sell-side analysts expect that Porvair plc will post 39.0358613 EPS for the current fiscal year.

About Porvair

Porvair plc engages in the filtration, laboratory, and environmental technology business. It operates through three segments: Aerospace & Industrial, Laboratory, and Metal Melt Quality. The Aerospace & Industrial segment designs and manufactures a range of specialist filtration equipment for aerospace, energy, and industrial applications. The Laboratory segment is involved in the design and manufacture of instruments and consumables for use in environmental and bioscience laboratories with a focus on water analysis instruments, diagnostics, and sample preparation equipment.