Avingtrans (LON:AVG) Stock Price Up 1% – Here’s Why

Shares of Avingtrans plc (LON:AVG) traded up 1% during trading on Wednesday . The company traded as high as GBX 394 ($4.95) and last traded at GBX 394 ($4.95). 3,831 shares changed hands during trading, a decline of 89% from the average session volume of 33,756 shares. The stock had previously closed at GBX 390 ($4.90).

Avingtrans Trading Up 1.0 %

The company has a current ratio of 1.82, a quick ratio of 1.87 and a debt-to-equity ratio of 21.20. The stock’s fifty day moving average price is GBX 400.06 and its 200 day moving average price is GBX 392.91. The stock has a market cap of £130.37 million, a P/E ratio of 3,581.82 and a beta of 0.52.

Avingtrans Increases Dividend

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

About Avingtrans

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.