Porvair (LON:PRV) Stock Price Crosses Above Fifty Day Moving Average – What’s Next?

Shares of Porvair plc (LON:PRV) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 855.10 and traded as high as GBX 864. Porvair shares last traded at GBX 856, with a volume of 52,821 shares trading hands.

Porvair Stock Down 0.9%

The business’s 50 day moving average is GBX 856.54 and its 200 day moving average is GBX 797.55. The company has a debt-to-equity ratio of 14.49, a quick ratio of 1.22 and a current ratio of 1.94. The stock has a market cap of £404.72 million, a price-to-earnings ratio of 21.68 and a beta of 0.52.

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%. Equities analysts expect that Porvair plc will post 39.0358613 earnings per share for the current year.

Porvair Company Profile

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.