Avingtrans (LON:AVG) Shares Cross Below 200-Day Moving Average – What’s Next?

Avingtrans plc (LON:AVGGet Free Report) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 392.34 ($4.87) and traded as low as GBX 367 ($4.56). Avingtrans shares last traded at GBX 378.49 ($4.70), with a volume of 9,794 shares changing hands.

Avingtrans Stock Performance

The company has a fifty day moving average of GBX 392 and a two-hundred day moving average of GBX 392.34. The company has a debt-to-equity ratio of 21.20, a quick ratio of 1.87 and a current ratio of 1.82. The company has a market cap of £125.24 million, a price-to-earnings ratio of 3,440.82 and a beta of 0.52.

About Avingtrans

(Get Free Report)

Avingtrans plc engages in the provision of engineered components, systems, and services to the energy, medical, and infrastructure industries worldwide. It operates in three segments: Energy-EPM, Energy-PSRE, and Medical-MII. The company designs, manufactures, integrates, and services electric motors and pumps, steam turbines, gas compressors, pressure vessels, blast doors, containers, and skidded systems.

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