Porvair (LON:PRV) Posts Earnings Results

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

Porvair Stock Performance

Porvair stock opened at GBX 712 ($8.80) on Tuesday. The stock has a fifty day moving average of GBX 686.95 and a two-hundred day moving average of GBX 663.67. The company has a market capitalization of £327.31 million, a price-to-earnings ratio of 2,094.12 and a beta of 0.76. Porvair has a fifty-two week low of GBX 594 ($7.34) and a fifty-two week high of GBX 745.70 ($9.22). The company has a debt-to-equity ratio of 19.67, a quick ratio of 1.22 and a current ratio of 1.83.

Insiders Place Their Bets

In other news, insider Sheena Mackay acquired 2,956 shares of the stock in a transaction that occurred on Friday, November 29th. The stock was purchased at an average cost of GBX 673 ($8.32) per share, with a total value of £19,893.88 ($24,584.63). 21.55% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

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

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.