Porvair (LON:PRV) Share Price Passes Above Fifty Day Moving Average – Here’s Why

Posted by James Conley on Feb 20th, 2025

Porvair plc (LON:PRV – Get Free Report)’s stock price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 694.09 ($8.73) and traded as high as GBX 732 ($9.21). Porvair shares last traded at GBX 715 ($9.00), with a volume of 35,475 shares traded.

Analysts Set New Price Targets

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

Check Out Our Latest Report on Porvair

Porvair Stock Down 0.6 %

The stock has a market capitalization of £330.08 million, a price-to-earnings ratio of 21.39 and a beta of 0.76. 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 business’s 50-day moving average is GBX 694.09 and its two-hundred day moving average is GBX 666.13.

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

Insider Transactions at Porvair

In related news, insider Ben Stocks sold 70,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 11th. The stock was sold at an average price of GBX 716 ($9.01), for a total value of £501,200 ($630,678.24). Also, insider Sheena Mackay bought 2,956 shares of the business’s stock in a transaction on Friday, November 29th. The shares were acquired at an average cost of GBX 673 ($8.47) per share, with a total value of £19,893.88 ($25,033.19). Insiders own 21.55% of the company’s stock.

About Porvair

(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.