Porvair (LON:PRV) Posts Quarterly Earnings Results

Porvair (LON:PRV) posted its quarterly earnings results on Monday. The company reported GBX 38.60 ($0.48) earnings per share for the quarter, Digital Look Earnings reports. Porvair had a return on equity of 10.90% and a net margin of 8.57%.

Porvair Trading Down 0.4 %

Shares of LON PRV opened at GBX 706.96 ($8.80) on Wednesday. The company has a debt-to-equity ratio of 19.67, a quick ratio of 1.22 and a current ratio of 1.83. The business’s 50 day moving average price is GBX 688.15 and its 200-day moving average price is GBX 663.97. Porvair has a fifty-two week low of GBX 594 ($7.40) and a fifty-two week high of GBX 745.70 ($9.29). The company has a market cap of £324.99 million, a price-to-earnings ratio of 2,079.29 and a beta of 0.76.

Analysts Set New Price Targets

Separately, Shore Capital reaffirmed a “hold” rating on shares of Porvair in a report on Tuesday, December 10th.

Insider Buying and Selling

In related news, insider Sheena Mackay acquired 2,956 shares of Porvair stock in a transaction on Friday, November 29th. The stock was acquired at an average price of GBX 673 ($8.38) per share, for a total transaction of £19,893.88 ($24,771.36). 21.55% of the stock is owned by insiders.

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.