Pressure Technologies (LON:PRES) Releases Quarterly Earnings Results

Pressure Technologies (LON:PRES) released its quarterly earnings results on Wednesday. The company reported GBX (4.50) (($0.06)) earnings per share for the quarter, Digital Look Earnings reports. Pressure Technologies had a negative return on equity of 4.02% and a negative net margin of 1.53%.

Pressure Technologies Price Performance

PRES stock traded up GBX 0.67 ($0.01) during mid-day trading on Friday, reaching GBX 34.67 ($0.43). The company’s stock had a trading volume of 109,335 shares, compared to its average volume of 47,277. The stock has a market cap of £13.41 million, a PE ratio of -3,466.80, a P/E/G ratio of -0.12 and a beta of 1.58. The company has a current ratio of 1.53, a quick ratio of 1.24 and a debt-to-equity ratio of 31.77. Pressure Technologies has a fifty-two week low of GBX 24 ($0.30) and a fifty-two week high of GBX 43.90 ($0.55). The company’s 50 day moving average is GBX 36.92 and its two-hundred day moving average is GBX 34.15.

About Pressure Technologies

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.