Porvair (LON:PRV) Stock Price Crosses Above 50-Day Moving Average – What’s Next?

Shares of Porvair plc (LON:PRV) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 810.04 and traded as high as GBX 862. Porvair shares last traded at GBX 838, with a volume of 18,406 shares traded.

Porvair Stock Performance

The company has a market cap of £386.28 million, a price-to-earnings ratio of 20.74 and a beta of 0.52. The stock’s fifty day simple moving average is GBX 810.04 and its two-hundred day simple moving average is GBX 795.38. The company has a debt-to-equity ratio of 14.49, a quick ratio of 1.22 and a current ratio of 1.94.

Porvair (LON:PRV) last released its quarterly earnings data on Monday, June 29th. The company reported GBX 22.10 EPS for the quarter. Porvair had a return on equity of 10.96% and a net margin of 9.23%. Equities research analysts anticipate that Porvair plc will post 39.0358613 EPS 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.