Pressure Technologies (LON:PRES) Sets New 52-Week Low – What’s Next?

Shares of Pressure Technologies plc (LON:PRES) hit a new 52-week low during trading on Friday . The stock traded as low as GBX 0.33 ($0.00) and last traded at GBX 34 ($0.44), with a volume of 118564 shares trading hands. The stock had previously closed at GBX 35 ($0.45).

Pressure Technologies Stock Performance

The company has a debt-to-equity ratio of 13.96, a current ratio of 1.37 and a quick ratio of 1.24. The firm has a fifty day simple moving average of GBX 33.95 and a 200 day simple moving average of GBX 34. The company has a market cap of £12.88 million, a price-to-earnings ratio of -25.20, a P/E/G ratio of -0.12 and a beta of 1.58.

Pressure Technologies (LON:PRES) last posted its quarterly earnings data on Wednesday, February 5th. The company reported GBX (4.50) (($0.06)) earnings per share for the quarter. Pressure Technologies had a negative return on equity of 4.31% and a negative net margin of 1.53%. On average, sell-side analysts expect that Pressure Technologies plc will post 0.57 earnings per share for the current fiscal year.

Pressure Technologies Company Profile

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.