Pressure Technologies (LON:PRES) Stock Price Passes Below Two Hundred Day Moving Average – What’s Next?

Pressure Technologies plc (LON:PRES)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 34.12 ($0.44) and traded as low as GBX 33.31 ($0.43). Pressure Technologies shares last traded at GBX 34 ($0.44), with a volume of 118,564 shares traded.

Pressure Technologies Trading Down 2.9 %

The company has a market capitalization of £12.88 million, a price-to-earnings ratio of -25.20, a P/E/G ratio of -0.12 and a beta of 1.58. The business’s 50-day simple moving average is GBX 33.65 and its 200-day simple moving average is GBX 34.12. The company has a debt-to-equity ratio of 13.96, a quick ratio of 1.24 and a current ratio of 1.37.

Pressure Technologies (LON:PRES) last posted its quarterly earnings data on Wednesday, February 5th. The company reported GBX (4.50) (($0.06)) earnings per share for the quarter. Pressure Technologies had a negative return on equity of 4.31% and a negative net margin of 1.53%. On average, research analysts expect that Pressure Technologies plc will post 0.57 earnings per share for the current fiscal year.

Pressure Technologies Company Profile

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.