Porvair plc (LON:PRV - Get Free Report) shares crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 648.40 ($8.42) and traded as high as GBX 688 ($8.93). Porvair shares last traded at GBX 672 ($8.73), with a volume of 38,437 shares trading hands.
Analysts Set New Price Targets
Several equities analysts recently weighed in on PRV shares. Berenberg Bank reaffirmed a "buy" rating and set a GBX 800 ($10.39) price objective on shares of Porvair in a research report on Tuesday, July 2nd. Shore Capital reaffirmed a "hold" rating on shares of Porvair in a research report on Monday, July 1st.
Check Out Our Latest Stock Report on PRV
Porvair Stock Performance
The company has a market cap of £308.92 million, a P/E ratio of 1,970.59 and a beta of 0.76. The stock's 50-day moving average price is GBX 648.40 and its 200 day moving average price is GBX 650.99. The company has a quick ratio of 1.22, a current ratio of 1.83 and a debt-to-equity ratio of 19.67.
Insider Transactions at Porvair
In related news, insider Ben Stocks sold 217,417 shares of the company's stock in a transaction on Thursday, July 25th. The shares were sold at an average price of GBX 676 ($8.78), for a total transaction of £1,469,738.92 ($1,908,256.19). 21.55% of the stock is currently owned by corporate insiders.
About Porvair
(
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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.
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