Pressure Technologies (LON:PRES) Stock Price Passes Below Two Hundred Day Moving Average – Here’s What Happened

Pressure Technologies plc (LON:PRES) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 34.12 ($0.44) and traded as low as GBX 33.31 ($0.43). Pressure Technologies shares last traded at GBX 34 ($0.44), with a volume of 118,564 shares trading hands.

Pressure Technologies Trading Down 2.9 %

The company has a debt-to-equity ratio of 13.96, a quick ratio of 1.24 and a current ratio of 1.37. The firm has a market capitalization of £12.88 million, a price-to-earnings ratio of -25.20, a P/E/G ratio of -0.12 and a beta of 1.58. The business has a fifty day moving average price of GBX 33.65 and a 200 day moving average price of GBX 34.15.

Pressure Technologies (LON:PRES) last announced its earnings results on Wednesday, February 5th. The company reported GBX (4.50) (($0.06)) EPS for the quarter. Pressure Technologies had a negative net margin of 1.53% and a negative return on equity of 4.31%. As a group, equities analysts forecast that Pressure Technologies plc will post 0.57 earnings per share for the current year.

About Pressure Technologies

Headquartered in Sheffield, United Kingdom, the Pressure Technologies Group is a leading designer and manufacturer of high-integrity, safety-critical components and systems serving global supply chains in oil and gas, defence, industrial gases and hydrogen energy markets. The Group has two divisions, Chesterfield Special Cylinders and Precision Machined Components.