Porvair (LON:PRV) Sets New 52-Week High – What’s Next?
by Danessa Lincoln · The Markets DailyPorvair plc (LON:PRV – Get Free Report) hit a new 52-week high on Wednesday. The company traded as high as GBX 920 and last traded at GBX 870, with a volume of 56,359 shares. The stock had previously closed at GBX 906.
Porvair Price Performance
The stock’s 50-day moving average price is GBX 871.87 and its 200-day moving average price is GBX 815.94. The company has a market capitalization of £401.98 million, a price-to-earnings ratio of 21.53 and a beta of 0.52. The company has a quick ratio of 1.22, a current ratio of 1.94 and a debt-to-equity ratio of 14.49.
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. The Laboratory segment is involved in the design and manufacture of instruments and consumables for use in environmental and bioscience laboratories with a focus on water analysis instruments, diagnostics, and sample preparation equipment.