Porvair (LON:PRV) Shares Pass Above 50 Day Moving Average – Time to Sell?

Porvair plc (LON:PRV)’s stock price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 838.66 and traded as high as GBX 872. Porvair shares last traded at GBX 868, with a volume of 8,497 shares changing hands.

Porvair Trading Down 0.5%

The business has a 50-day moving average of GBX 838.66 and a 200 day moving average of GBX 777.99. The stock has a market cap of £400.46 million, a PE ratio of 23.65 and a beta of 0.76. The company has a debt-to-equity ratio of 19.67, a quick ratio of 1.22 and a current ratio of 1.83.

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.