Porvair (LON:PRV) Announces Earnings Results

Porvair (LON:PRV) issued its quarterly 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 Price Performance

LON:PRV traded up GBX 16 ($0.20) during trading hours on Wednesday, reaching GBX 726 ($9.04). The company had a trading volume of 64,867 shares, compared to its average volume of 53,711. The firm has a market capitalization of £333.74 million, a PE ratio of 2,135.29 and a beta of 0.76. The stock has a 50-day moving average of GBX 688.15 and a two-hundred day moving average of GBX 663.97. Porvair has a one year low of GBX 594 ($7.40) and a one year high of GBX 745.70 ($9.29). The company has a quick ratio of 1.22, a current ratio of 1.83 and a debt-to-equity ratio of 19.67.

Wall Street Analysts Forecast Growth

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

Insider Transactions at Porvair

In other news, insider Sheena Mackay bought 2,956 shares of the company’s stock in a transaction that occurred on Friday, November 29th. The stock was acquired at an average price of GBX 673 ($8.38) per share, for a total transaction of £19,893.88 ($24,771.36). 21.55% of the stock is owned by 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.