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

Porvair plc (LON:PRV) shares crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 820.52 and traded as high as GBX 839.99. Porvair shares last traded at GBX 826, with a volume of 29,538 shares.

Porvair Stock Performance

The firm’s 50 day moving average is GBX 821.56 and its 200-day moving average is GBX 794.84. The firm has a market cap of £396.43 million, a price-to-earnings ratio of 21.29 and a beta of 0.52. 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 results on Monday, June 29th. The company reported GBX 22.10 earnings per share (EPS) for the quarter. Porvair had a return on equity of 10.96% and a net margin of 9.23%. Sell-side analysts anticipate that Porvair plc will post 39.0358613 earnings per share for the current fiscal year.

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. 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.