Insider Buying: Porvair plc (LON:PRV) Insider Buys £26,350 in Stock

Porvair plc (LON:PRV) insider James Mills purchased 4,250 shares of the stock in a transaction that occurred on Friday, April 19th. The stock was purchased at an average price of GBX 620 ($7.66) per share, with a total value of £26,350 ($32,546.94).

Porvair Stock Performance

Shares of LON:PRV opened at GBX 608 ($7.51) on Friday. The company has a market capitalization of £281.87 million, a price-to-earnings ratio of 1,737.14 and a beta of 0.76. Porvair plc has a 52 week low of GBX 522 ($6.45) and a 52 week high of GBX 680 ($8.40). The company has a quick ratio of 1.22, a current ratio of 2.22 and a debt-to-equity ratio of 11.52. The firm has a 50 day moving average of GBX 630.24 and a 200 day moving average of GBX 613.05.

Porvair Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, June 5th. Investors of record on Thursday, May 2nd will be paid a GBX 4 ($0.05) dividend. This is an increase from Porvair’s previous dividend of $2.00. The ex-dividend date is Thursday, May 2nd. This represents a yield of 0.61%. Porvair’s payout ratio is 1,714.29%.

Analyst Ratings Changes

Separately, Shore Capital reiterated a “hold” rating on shares of Porvair in a report on Tuesday, April 16th.

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.