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

Porvair plc (LON:PRV) passed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of GBX 866.84 and traded as high as GBX 890. Porvair shares last traded at GBX 874, with a volume of 15,049 shares changing hands.

Porvair Price Performance

The stock has a market cap of £403.80 million, a P/E ratio of 21.63 and a beta of 0.52. The company’s 50 day moving average price is GBX 866.84 and its 200-day moving average price is GBX 806.94. The company has a quick ratio of 1.22, a current ratio of 1.94 and a debt-to-equity ratio of 14.49.

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.