Porvair's (PRV) "Hold" Rating Reiterated at Shore Capital

Shore Capital reissued their hold rating on shares of Porvair (LON:PRV - Free Report) in a research note published on Tuesday, Marketbeat Ratings reports.

Porvair Price Performance

Shares of PRV stock traded down GBX 28 ($0.37) during mid-day trading on Tuesday, hitting GBX 734 ($9.76). 45,923 shares of the stock were exchanged, compared to its average volume of 74,161. Porvair has a 52-week low of GBX 594 ($7.90) and a 52-week high of GBX 762 ($10.13). The company has a quick ratio of 1.22, a current ratio of 1.83 and a debt-to-equity ratio of 19.67. The company has a market cap of £335.84 million, a PE ratio of 21.76 and a beta of 0.76. The firm has a fifty day moving average of GBX 690.36 and a 200 day moving average of GBX 680.26.

Porvair (LON:PRV - Get Free Report) last issued its quarterly earnings data on Monday, February 10th. The company reported GBX 38.60 ($0.51) EPS for the quarter. Porvair had a return on equity of 10.75% and a net margin of 8.57%. Research analysts anticipate that Porvair will post 39.0358613 earnings per share for the current year.

Porvair Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, June 4th. Shareholders of record on Thursday, May 1st will be paid a dividend of GBX 4.20 ($0.06) per share. This is a positive change from Porvair's previous dividend of $2.10. This represents a yield of 0.64%. The ex-dividend date is Thursday, May 1st. Porvair's payout ratio is 17.79%.

Insider Buying and Selling at Porvair

In other news, insider Ben Stocks sold 70,000 shares of the stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of GBX 716 ($9.52), for a total value of £501,200 ($666,400.74). Insiders own 21.55% of the company's stock.

Porvair Company Profile

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.