Porvair plc (PRV) To Go Ex-Dividend on July 18th

Porvair plc (LON:PRV) announced a dividend on Monday, July 1st, Upcoming.Co.Uk reports. Stockholders of record on Thursday, July 18th will be paid a dividend of GBX 2.10 ($0.03) per share on Wednesday, August 21st. This represents a dividend yield of 0.32%. The ex-dividend date is Thursday, July 18th. The official announcement can be seen at this link.

Porvair Price Performance

PRV stock opened at GBX 642 ($8.33) on Tuesday. The stock has a 50-day moving average price of GBX 663.20 and a two-hundred day moving average price of GBX 643.22. Porvair has a 1 year low of GBX 522 ($6.77) and a 1 year high of GBX 745.70 ($9.67). The stock has a market cap of £297.63 million, a PE ratio of 1,834.29 and a beta of 0.76. The company has a current ratio of 2.22, a quick ratio of 1.22 and a debt-to-equity ratio of 11.52.

Insider Activity

In other news, insider James Mills purchased 4,250 shares of Porvair stock in a transaction that occurred on Friday, April 19th. The stock was acquired at an average cost of GBX 620 ($8.04) per share, for a total transaction of £26,350 ($34,171.96). Insiders own 22.91% of the company’s stock.

Analysts Set New Price Targets

PRV has been the topic of several research reports. Shore Capital restated a “hold” rating on shares of Porvair in a research note on Monday, July 1st. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 800 ($10.37) target price on shares of Porvair in a research report on Tuesday, July 2nd.

About Porvair

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.