Porvair (LON:PRV) Share Price Crosses Above 50 Day Moving Average – What’s Next?

Porvair plc (LON:PRVGet Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 659.08 ($8.31) and traded as high as GBX 660.60 ($8.33). Porvair shares last traded at GBX 658 ($8.29), with a volume of 26,104 shares trading hands.

Porvair Trading Up 1.2 %

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 has a market capitalization of £302.48 million, a price-to-earnings ratio of 1,935.29 and a beta of 0.76. The business’s 50 day simple moving average is GBX 659.08 and its 200 day simple moving average is GBX 655.17.

About Porvair

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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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