Avingtrans (LON:AVG) Stock Passes Below 200 Day Moving Average – Here’s What Happened

Shares of Avingtrans plc (LON:AVGGet Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 395.96 ($5.14) and traded as low as GBX 380.20 ($4.93). Avingtrans shares last traded at GBX 385 ($4.99), with a volume of 21,939 shares.

Avingtrans Trading Up 5.3 %

The firm has a market capitalization of £132.36 million, a P/E ratio of 3,636.36 and a beta of 0.52. The company has a quick ratio of 1.87, a current ratio of 1.82 and a debt-to-equity ratio of 21.20. The stock has a fifty day simple moving average of GBX 405.31 and a 200 day simple moving average of GBX 395.95.

Avingtrans Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, December 20th. Investors of record on Thursday, November 7th will be issued a GBX 2.90 ($0.04) dividend. The ex-dividend date of this dividend is Thursday, November 7th. This is a boost from Avingtrans’s previous dividend of $1.80. This represents a yield of 0.69%. Avingtrans’s payout ratio is currently 4,545.45%.

Avingtrans Company Profile

(Get Free Report)

Avingtrans plc engages in the provision of engineered components, systems, and services to the energy, medical, and infrastructure industries worldwide. It operates in three segments: Energy-EPM, Energy-PSRE, and Medical-MII. The company designs, manufactures, integrates, and services electric motors and pumps, steam turbines, gas compressors, pressure vessels, blast doors, containers, and skidded systems.

Further Reading

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