Porvair (LON:PRV) Share Price Breaks Above 50 Day Moving Average – Here’s What Happened

Shares of Porvair plc (LON:PRV – Get Free Report) passed above its 50 day moving average during trading on Monday. The stock has a 50 day moving average of GBX 871.27 and traded as high as GBX 900. Porvair shares last traded at GBX 900, with a volume of 15,195 shares trading hands.

Porvair Stock Down 4.0%

The firm has a market capitalization of £401.98 million, a price-to-earnings ratio of 21.53 and a beta of 0.52. The business’s 50-day moving average is GBX 871.87 and its two-hundred day moving average is GBX 815.94. The company has a debt-to-equity ratio of 14.49, a quick ratio of 1.22 and a current ratio of 1.94.

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. 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.

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