Avingtrans (LON:AVG) Shares Up 1% - Should You Buy?

Shares of Avingtrans plc (LON:AVG - Get Free Report) rose 1% during trading on Wednesday . The company traded as high as GBX 394 ($4.92) and last traded at GBX 394 ($4.92). Approximately 3,831 shares traded hands during trading, a decline of 89% from the average daily volume of 33,756 shares. The stock had previously closed at GBX 390 ($4.87).

Avingtrans Stock Down 1.0 %

The company has a quick ratio of 1.87, a current ratio of 1.82 and a debt-to-equity ratio of 21.20. The firm has a market cap of £127.73 million, a PE ratio of 3,509.09 and a beta of 0.52. The business has a 50-day moving average price of GBX 400.06 and a two-hundred day moving average price of GBX 392.91.

Avingtrans Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, December 20th. Stockholders of record on Thursday, November 7th will be issued a GBX 2.90 ($0.04) dividend. This represents a dividend yield of 0.69%. This is an increase from Avingtrans's previous dividend of $1.80. The ex-dividend date is Thursday, November 7th. Avingtrans's payout ratio is 4,545.45%.

Avingtrans Company Profile

Avingtrans plc engages in the provision of engineered components, systems, and services to the energy, medical, and infrastructure industries worldwide. It operates in three segments: Energy-EPM, Energy-PSRE, and Medical-MII. The company designs, manufactures, integrates, and services electric motors and pumps, steam turbines, gas compressors, pressure vessels, blast doors, containers, and skidded systems.