Avingtrans (LON:AVG) Stock Crosses Below Two Hundred Day Moving Average – Time to Sell?

Avingtrans plc (LON:AVG)’s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 395.96 ($5.14) and traded as low as GBX 380.20 ($4.93). Avingtrans shares last traded at GBX 385 ($4.99), with a volume of 21,939 shares trading hands.

Avingtrans Stock Performance

The company has a debt-to-equity ratio of 21.20, a quick ratio of 1.87 and a current ratio of 1.82. The stock has a market cap of £127.40 million, a PE ratio of 3,500.00 and a beta of 0.52. The company’s 50 day simple moving average is GBX 405.53 and its 200 day simple moving average is GBX 395.96.

Avingtrans Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, December 20th. Shareholders of record on Thursday, November 7th will be paid a GBX 2.90 ($0.04) dividend. This is a positive change from Avingtrans’s previous dividend of $1.80. The ex-dividend date of this dividend is Thursday, November 7th. This represents a yield of 0.69%. Avingtrans’s dividend payout ratio (DPR) is 4,545.45%.

Avingtrans Company Profile

Avingtrans plc engages in the provision of engineered components, systems, and services to the energy, medical, and infrastructure industries worldwide. It operates in three segments: Energy-EPM, Energy-PSRE, and Medical-MII. The company designs, manufactures, integrates, and services electric motors and pumps, steam turbines, gas compressors, pressure vessels, blast doors, containers, and skidded systems.