Shore Capital Reiterates Hold Rating for Porvair (LON:PRV)

Porvair (LON:PRV)‘s stock had its “hold” rating reissued by equities researchers at Shore Capital in a research note issued to investors on Monday, Digital Look reports.

Separately, Berenberg Bank assumed coverage on shares of Porvair in a research note on Thursday, May 16th. They issued a “buy” rating and a GBX 800 ($10.15) price target on the stock.

Porvair Trading Down 0.3 %

PRV stock opened at GBX 658 ($8.35) on Monday. The company has a market capitalization of £305.05 million, a PE ratio of 1,880.00 and a beta of 0.76. Porvair has a 12 month low of GBX 522 ($6.62) and a 12 month high of GBX 745.70 ($9.46). The firm’s 50-day moving average is GBX 657.60 and its 200 day moving average is GBX 641.56. The company has a debt-to-equity ratio of 11.52, a current ratio of 2.22 and a quick ratio of 1.22.

Insider Buying and Selling

In other Porvair news, insider James Mills bought 4,250 shares of the business’s stock in a transaction on Friday, April 19th. The shares were acquired at an average price of GBX 620 ($7.87) per share, with a total value of £26,350 ($33,426.36). 22.91% of the stock is currently owned by insiders.

Porvair Company Profile

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.