Porvair (LON:PRV) Issues Quarterly 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 Stock Performance

Shares of LON PRV opened at GBX 708.08 ($8.77) on Monday. The company has a current ratio of 1.83, a quick ratio of 1.22 and a debt-to-equity ratio of 19.67. The company has a 50 day simple moving average of GBX 685.95 and a two-hundred day simple moving average of GBX 663.42. Porvair has a 12 month low of GBX 594 ($7.36) and a 12 month high of GBX 745.70 ($9.24). The stock has a market cap of £325.50 million, a price-to-earnings ratio of 2,082.59 and a beta of 0.76.

Analyst Upgrades and Downgrades

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

Insider Activity at Porvair

In other news, insider Sheena Mackay bought 2,956 shares of the business’s stock in a transaction dated Friday, November 29th. The stock was purchased at an average cost of GBX 673 ($8.34) per share, with a total value of £19,893.88 ($24,651.65). 21.55% of the stock is currently owned by insiders.

Porvair Company Profile

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.