Pressure Technologies (LON:PRES) Stock Passes Above Fifty Day Moving Average – Should You Sell?

Shares of Pressure Technologies plc (LON:PRESGet Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 36.80 ($0.46) and traded as high as GBX 38.49 ($0.48). Pressure Technologies shares last traded at GBX 38.49 ($0.48), with a volume of 149,376 shares trading hands.

Pressure Technologies Price Performance

The firm has a market capitalization of £14.88 million, a price-to-earnings ratio of -3,849.00, a P/E/G ratio of -0.12 and a beta of 1.58. The company has a fifty day moving average price of GBX 36.80 and a two-hundred day moving average price of GBX 34.07. The company has a quick ratio of 1.24, a current ratio of 1.53 and a debt-to-equity ratio of 31.77.

Pressure Technologies Company Profile

(Get Free Report)

Headquartered in Sheffield, United Kingdom, the Pressure Technologies Group is a leading designer and manufacturer of high-integrity, safety-critical components and systems serving global supply chains in oil and gas, defence, industrial gases and hydrogen energy markets. The Group has two divisions, Chesterfield Special Cylinders and Precision Machined Components.

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