Pressure Technologies (LON:PRES) Posts Quarterly Earnings Results

Pressure Technologies (LON:PRES) released its quarterly earnings results on Wednesday. The company reported GBX (4.50) (($0.06)) earnings per share for the quarter, Digital Look Earnings reports. Pressure Technologies had a negative net margin of 1.53% and a negative return on equity of 4.02%.

Pressure Technologies Price Performance

Shares of PRES stock traded down GBX 3.05 ($0.04) during trading hours on Wednesday, reaching GBX 35.45 ($0.44). The company’s stock had a trading volume of 104,948 shares, compared to its average volume of 44,840. Pressure Technologies has a fifty-two week low of GBX 24 ($0.30) and a fifty-two week high of GBX 43.90 ($0.55). The firm’s 50 day simple moving average is GBX 36.98 and its 200-day simple moving average is GBX 34.15. The company has a quick ratio of 1.24, a current ratio of 1.53 and a debt-to-equity ratio of 31.77. The company has a market capitalization of £13.71 million, a price-to-earnings ratio of -3,545.00, a PEG ratio of -0.12 and a beta of 1.58.

About Pressure Technologies

Headquartered in Sheffield, United Kingdom, the Pressure Technologies Group is a leading designer and manufacturer of high-integrity, safety-critical components and systems serving global supply chains in oil and gas, defence, industrial gases and hydrogen energy markets. The Group has two divisions, Chesterfield Special Cylinders and Precision Machined Components.