Porvair (LON:PRV) Releases Quarterly Earnings Results

Porvair (LON:PRV) issued its earnings results on Monday. The company reported GBX 38.60 ($0.48) EPS 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 Down 0.3 %

Shares of Porvair stock traded down GBX 2.46 ($0.03) during midday trading on Wednesday, hitting GBX 707.54 ($8.81). The company’s stock had a trading volume of 15,708 shares, compared to its average volume of 52,073. The stock has a 50-day simple moving average of GBX 688.15 and a 200-day simple moving average of GBX 663.97. Porvair has a 1-year low of GBX 594 ($7.40) and a 1-year high of GBX 745.70 ($9.29). The firm has a market capitalization of £325.26 million, a P/E ratio of 2,081.00 and a beta of 0.76. The company has a quick ratio of 1.22, a current ratio of 1.83 and a debt-to-equity ratio of 19.67.

Insider Activity

In other Porvair news, insider Sheena Mackay acquired 2,956 shares of the business’s 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). 21.55% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “hold” rating on shares of Porvair in a research report 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.