Porvair (LON:PRV) Share Price Passes Below Two Hundred Day Moving Average – Time to Sell?

Porvair plc (LON:PRV) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 792.23 and traded as low as GBX 686. Porvair shares last traded at GBX 724, with a volume of 18,983 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group reissued a “hold” rating on shares of Porvair in a research report on Monday, February 9th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Porvair currently has a consensus rating of “Hold”.

Porvair Stock Performance

The business’s 50-day moving average price is GBX 807.78 and its 200-day moving average price is GBX 791.22. The company has a current ratio of 2.54, a quick ratio of 1.22 and a debt-to-equity ratio of 15.77. The stock has a market cap of £331.26 million, a PE ratio of 18.27 and a beta of 0.44.

Porvair (LON:PRV) last posted its earnings results on Monday, February 9th. The company reported GBX 42.30 EPS for the quarter. Porvair had a net margin of 9.36% and a return on equity of 11.21%. As a group, equities research analysts expect that Porvair plc will post 39.0358613 earnings per share for the current fiscal year.

Insider Transactions at Porvair

In other Porvair news, insider Lisa Anson acquired 2,369 shares of the firm’s stock in a transaction dated Monday, February 16th. The stock was purchased at an average price of GBX 838 per share, for a total transaction of £19,852.22. Also, insider Hooman Caman Javvi acquired 5,934 shares of the stock in a transaction dated Friday, February 20th. The stock was acquired at an average cost of GBX 836 per share, with a total value of £49,608.24. Over the last three months, insiders have acquired 15,104 shares of company stock valued at $12,806,816. Corporate insiders own 1.79% of the company’s stock.

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.