Porvair (LON:PRV) Posts Quarterly Earnings Results

Porvair (LON:PRV) announced its quarterly earnings data on Monday. The company reported GBX 38.60 ($0.48) EPS for the quarter, Digital Look Earnings reports. Porvair had a net margin of 8.57% and a return on equity of 10.90%.

Porvair Price Performance

Shares of LON PRV traded down GBX 3.04 ($0.04) on Wednesday, hitting GBX 706.96 ($8.80). The company’s stock had a trading volume of 15,486 shares, compared to its average volume of 52,065. The company has a debt-to-equity ratio of 19.67, a current ratio of 1.83 and a quick ratio of 1.22. The stock has a 50 day moving average of GBX 688.15 and a 200-day moving average of GBX 663.97. Porvair has a 12-month low of GBX 594 ($7.40) and a 12-month high of GBX 745.70 ($9.29). The company has a market capitalization of £324.99 million, a price-to-earnings ratio of 2,079.29 and a beta of 0.76.

Wall Street Analyst Weigh In

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

Insider Buying and Selling

In other news, insider Sheena Mackay purchased 2,956 shares of the stock in a transaction dated Friday, November 29th. The stock was acquired at an average cost of GBX 673 ($8.38) per share, for a total transaction of £19,893.88 ($24,771.36). Insiders own 21.55% of the company’s stock.

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.