Avingtrans (LON:AVG) Hits New 1-Year Low - What's Next?

Avingtrans plc (LON:AVG - Get Free Report)'s share price hit a new 52-week low during trading on Monday . The company traded as low as GBX 300 ($3.93) and last traded at GBX 319.80 ($4.19), with a volume of 24424 shares traded. The stock had previously closed at GBX 310.50 ($4.06).

Avingtrans Price Performance

The company has a market cap of £107.89 million, a price-to-earnings ratio of 30.04 and a beta of 0.52. The stock has a 50 day simple moving average of GBX 347.59 and a two-hundred day simple moving average of GBX 378.11. The company has a debt-to-equity ratio of 21.69, a current ratio of 1.82 and a quick ratio of 1.87.

Avingtrans (LON:AVG - Get Free Report) last announced its quarterly earnings data 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%. On average, equities research analysts predict that Avingtrans plc will post 15.0753769 earnings per share for the current fiscal year.

Avingtrans Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, June 27th. Stockholders of record on Thursday, May 29th will be given a dividend of GBX 1.90 ($0.02) per share. This represents a dividend yield of 0.56%. The ex-dividend date of this dividend is Thursday, May 29th. Avingtrans's payout ratio is presently 44.38%.

Avingtrans Company Profile

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.