Pressure Technologies (LON:PRES) Posts Earnings Results

Pressure Technologies (LON:PRES) announced its earnings results on Wednesday. The company reported GBX (4.50) (($0.06)) EPS for the quarter, Digital Look Earnings reports. Pressure Technologies had a negative net margin of 1.53% and a negative return on equity of 4.02%.

Pressure Technologies Trading Down 7.9 %

Pressure Technologies stock traded down GBX 3.05 ($0.04) during trading hours on Wednesday, reaching GBX 35.45 ($0.44). 104,948 shares of the company’s stock were exchanged, compared to its average volume of 44,840. The firm’s 50 day simple moving average is GBX 36.98 and its 200 day simple moving average is GBX 34.15. Pressure Technologies has a twelve month low of GBX 24 ($0.30) and a twelve month high of GBX 43.90 ($0.55). The company has a quick ratio of 1.24, a current ratio of 1.53 and a debt-to-equity ratio of 31.77. The firm has a market capitalization of £13.71 million, a PE ratio of -3,545.00, a PEG ratio of -0.12 and a beta of 1.58.

Pressure Technologies Company Profile

Headquartered in Sheffield, United Kingdom, the Pressure Technologies Group is a leading designer and manufacturer of high-integrity, safety-critical components and systems serving global supply chains in oil and gas, defence, industrial gases and hydrogen energy markets. The Group has two divisions, Chesterfield Special Cylinders and Precision Machined Components.