Shore Capital Reaffirms Hold Rating for Porvair (LON:PRV)

Porvair (LON:PRV)‘s stock had its “hold” rating reiterated by analysts at Shore Capital in a note issued to investors on Tuesday,London Stock Exchange reports.

Porvair Trading Up 0.6 %

Shares of LON PRV traded up GBX 4 ($0.05) during midday trading on Tuesday, reaching GBX 660 ($8.41). 47,644 shares of the stock were exchanged, compared to its average volume of 57,620. The business has a 50-day simple moving average of GBX 659.97 and a two-hundred day simple moving average of GBX 658.65. The company has a market capitalization of £303.40 million, a price-to-earnings ratio of 1,941.18 and a beta of 0.76. Porvair has a 12 month low of GBX 592 ($7.55) and a 12 month high of GBX 745.70 ($9.51). The company has a debt-to-equity ratio of 19.67, a current ratio of 1.83 and a quick ratio of 1.22.

Insider Buying and Selling

In related news, insider Sheena Mackay acquired 2,956 shares of the company’s stock in a transaction that occurred on Friday, November 29th. The shares were acquired at an average cost of GBX 673 ($8.58) per share, for a total transaction of £19,893.88 ($25,358.67). 21.55% of the stock is currently owned by company insiders.

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.