Porvair plc (LON:PRV) Insider Sells £501,200 in Stock

Porvair plc (LON:PRV) insider Ben Stocks sold 70,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 11th. The shares were sold at an average price of GBX 716 ($8.92), for a total value of £501,200 ($624,081.68).

Porvair Stock Up 2.3 %

Shares of PRV traded up GBX 16 ($0.20) during midday trading on Wednesday, hitting GBX 726 ($9.04). The stock had a trading volume of 70,287 shares, compared to its average volume of 53,892. The firm has a market cap of £333.74 million, a price-to-earnings ratio of 2,135.29 and a beta of 0.76. The company has a 50 day simple moving average of GBX 688.15 and a two-hundred day simple moving average of GBX 663.97. Porvair plc has a twelve month low of GBX 594 ($7.40) and a twelve month high of GBX 745.70 ($9.29). The company has a debt-to-equity ratio of 19.67, a current ratio of 1.83 and a quick ratio of 1.22.

Porvair (LON:PRV) last announced its earnings results on Monday, February 10th. The company reported GBX 38.60 ($0.48) earnings per share (EPS) for the quarter. Porvair had a return on equity of 10.90% and a net margin of 8.57%. On average, analysts anticipate that Porvair plc will post 39.0358613 EPS for the current year.

Wall Street Analyst Weigh In

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

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.