Porvair (LON:PRV) Issues Earnings Results

Porvair (LON:PRV) released its earnings results on Monday. The company reported GBX 38.60 ($0.48) earnings per share for the quarter, Digital Look Earnings reports. Porvair had a return on equity of 10.90% and a net margin of 8.57%.

Porvair Stock Performance

LON PRV opened at GBX 706.96 ($8.80) on Wednesday. Porvair has a 1-year low of GBX 594 ($7.40) and a 1-year high of GBX 745.70 ($9.29). The company has a market cap of £324.99 million, a PE ratio of 2,079.29 and a beta of 0.76. The stock’s 50 day simple moving average is GBX 688.15 and its 200-day simple moving average is GBX 663.97. The company has a debt-to-equity ratio of 19.67, a current ratio of 1.83 and a quick ratio of 1.22.

Analysts Set New Price Targets

Separately, Shore Capital reaffirmed a “hold” rating on shares of Porvair in a report on Tuesday, December 10th.

Insider Transactions at Porvair

In other news, insider Sheena Mackay bought 2,956 shares of Porvair stock in a transaction that occurred on Friday, November 29th. The shares were purchased at an average price of GBX 673 ($8.38) per share, with a total value of £19,893.88 ($24,771.36). Insiders own 21.55% of the company’s stock.

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.