Avingtrans plc (LON:AVG - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 326 ($4.21) and last traded at GBX 338 ($4.36), with a volume of 30846 shares changing hands. The stock had previously closed at GBX 337.40 ($4.35).
Avingtrans Stock Down 1.4 %
The company's fifty day simple moving average is GBX 353.69 and its 200 day simple moving average is GBX 382.26. The firm has a market capitalization of £98.98 million, a P/E ratio of 27.56 and a beta of 0.52. The company has a current ratio of 1.82, a quick ratio of 1.87 and a debt-to-equity ratio of 21.69.
Avingtrans (LON:AVG - Get Free Report) last issued its quarterly earnings results on Wednesday, February 26th. The company reported GBX 12.20 ($0.16) earnings per share (EPS) for the quarter. Avingtrans had a net margin of 2.68% and a return on equity of 3.32%. Research analysts expect that Avingtrans plc will post 15.0753769 EPS for the current year.
Avingtrans Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Friday, June 27th. Investors of record on Thursday, May 29th will be given a dividend of GBX 1.90 ($0.02) per share. This represents a yield of 0.56%. The ex-dividend date of this dividend is Thursday, May 29th. Avingtrans's dividend payout ratio (DPR) is 44.38%.
About Avingtrans
(
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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.
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