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Porvair (LON:PRV) Stock Crosses Above 50 Day Moving Average - Should You Sell?

Porvair logo with Industrials background

Porvair plc (LON:PRV - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 694.09 ($8.77) and traded as high as GBX 732 ($9.25). Porvair shares last traded at GBX 715 ($9.03), with a volume of 35,475 shares traded.

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a "hold" rating on shares of Porvair in a research report on Tuesday, December 10th.

Check Out Our Latest Stock Report on Porvair

Porvair Price Performance

The company has a debt-to-equity ratio of 19.67, a current ratio of 1.83 and a quick ratio of 1.22. The company's 50-day simple moving average is GBX 695.45 and its 200 day simple moving average is GBX 667.06. The firm has a market cap of £326.69 million, a P/E ratio of 21.17 and a beta of 0.76.

Porvair (LON:PRV - Get Free Report) last released its quarterly earnings data on Monday, February 10th. The company reported GBX 38.60 ($0.49) EPS for the quarter. Porvair had a net margin of 8.57% and a return on equity of 10.75%. Research analysts anticipate that Porvair plc will post 39.0358613 EPS for the current fiscal year.

Insider Activity

In other news, insider Ben Stocks sold 70,000 shares of the stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of GBX 716 ($9.05), for a total value of £501,200 ($633,228.05). Also, insider Sheena Mackay purchased 2,956 shares of Porvair stock in a transaction that occurred on Friday, November 29th. The stock was bought at an average cost of GBX 673 ($8.50) per share, for a total transaction of £19,893.88 ($25,134.40). Insiders own 21.55% of the company's stock.

Porvair Company Profile

(Get Free Report)

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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