Porvair (LON:PRV) Stock Price Passes Above 50 Day Moving Average – Time to Sell?

Shares of Porvair plc (LON:PRV) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 672.77 ($8.21) and traded as high as GBX 703.92 ($8.59). Porvair shares last traded at GBX 682 ($8.33), with a volume of 14,017 shares traded.

Analyst Ratings Changes

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

Porvair Trading Down 2.0 %

The stock has a market capitalization of £313.52 million, a P/E ratio of 2,005.88 and a beta of 0.76. The stock’s 50 day moving average price is GBX 672.41 and its 200-day moving average price is GBX 658.86. The company has a quick ratio of 1.22, a current ratio of 1.83 and a debt-to-equity ratio of 19.67.

Insider Buying and Selling at Porvair

In related news, insider Sheena Mackay acquired 2,956 shares of the company’s stock in a transaction dated Friday, November 29th. The shares were purchased at an average cost of GBX 673 ($8.22) per share, with a total value of £19,893.88 ($24,290.45). Insiders own 21.55% of the company’s stock.

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.