Avingtrans plc (LON:AVG – Get Free Report)’s share price hit a new 52-week low during trading on Tuesday. The company traded as low as GBX 258.40 and last traded at GBX 758.67, with a volume of 58,466 shares. The stock had previously closed at GBX 760.
Avingtrans Stock Performance
The business has a 50-day simple moving average of GBX 742.07 and a 200 day simple moving average of GBX 650.13. The company has a debt-to-equity ratio of 18.79, a current ratio of 1.55 and a quick ratio of 1.87. The firm has a market cap of £280.18 million, a PE ratio of 39.72 and a beta of 0.58.
Avingtrans (LON:AVG – Get Free Report) last issued its earnings results on Wednesday, September 30th. The company reported GBX 32 earnings per share for the quarter. Avingtrans had a net margin of 4.13% and a return on equity of 5.57%. Equities research analysts forecast that Avingtrans plc will post 15.08 EPS for the current year.
About Avingtrans
Avingtrans plc has a proven strategy of “buy and build” in highly regulated engineering markets, a strategy it has named “Pinpoint-Invest-Exit”. Significant shareholder value is delivered through a clear strategy, a strong balance sheet and an agile and experienced management team.
Avingtrans designs, manufactures and supplies original equipment, systems and associated aftermarket services to the energy, medical and industrial markets worldwide.
The Group has ten business units organised into three operating divisions: the Energy Divisions comprising Engineered Pumps & Motors (EPM) and Process Solutions & Rotating Equipment (PSRE) and the Medical Division.
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