Porvair (LON:PRV) Posts Earnings Results

Porvair (LON:PRV) released its earnings results on Monday. The company reported GBX 38.60 ($0.48) earnings per share for the quarter, Digital Look Earnings reports. Porvair had a net margin of 8.57% and a return on equity of 10.90%.

Porvair Trading Down 0.4 %

Shares of PRV stock opened at GBX 706.96 ($8.80) on Wednesday. The company’s fifty day simple moving average is GBX 688.15 and its two-hundred day simple moving average is GBX 663.97. The stock has a market capitalization of £324.99 million, a price-to-earnings ratio of 2,079.29 and a beta of 0.76. The company has a debt-to-equity ratio of 19.67, a current ratio of 1.83 and a quick ratio of 1.22. Porvair has a 1 year low of GBX 594 ($7.40) and a 1 year high of GBX 745.70 ($9.29).

Insiders Place Their Bets

In related news, insider Sheena Mackay purchased 2,956 shares of the firm’s stock in a transaction that occurred on Friday, November 29th. The stock was bought at an average cost of GBX 673 ($8.38) per share, with a total value of £19,893.88 ($24,771.36). Corporate insiders own 21.55% of the company’s stock.

Analyst Ratings Changes

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

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.