Amiad Water Systems (LON:AFS) Trading Up 2.2% – Should You Buy?

Amiad Water Systems Ltd. (LON:AFS) shot up 2.2% during mid-day trading on Wednesday . The stock traded as high as GBX 374 ($4.72) and last traded at GBX 364 ($4.59). 22,786 shares were traded during trading, an increase of 397% from the average session volume of 4,581 shares. The stock had previously closed at GBX 356 ($4.49).

Amiad Water Systems Stock Up 2.2 %

The firm’s fifty day moving average is GBX 364 and its 200-day moving average is GBX 364. The stock has a market capitalization of £110.71 million and a PE ratio of 53.53. The company has a quick ratio of 1.71, a current ratio of 2.52 and a debt-to-equity ratio of 39.59.

About Amiad Water Systems

Amiad Water Systems Ltd., together with its subsidiaries, produces and supplies water filters and filtration systems for the industrial, municipal, ballast water, oil and gas, and irrigation markets worldwide. It offers automatic, semi-automatic, and manual filters, as well as fertigation injectors for farmers and large agricultural co-ops; automatic filters for industrial sector; and develops, manufactures, and distributes water treatment and filtration solutions for potable water and wastewater in various applications, such as pre-filtration for UV and tertiary treatment, and polishing, as well as for MF, UF, NF, and RO membranes.