Avingtrans (LON:AVG) Stock Price Passes Below 200-Day Moving Average – Time to Sell?

Avingtrans plc (LON:AVGGet Free Report)’s share price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 392.75 ($4.81) and traded as low as GBX 387.11 ($4.74). Avingtrans shares last traded at GBX 390 ($4.77), with a volume of 12,495 shares changing hands.

Avingtrans Trading Up 0.7 %

The company’s 50-day moving average is GBX 391.14 and its 200-day moving average is GBX 392.75. 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 firm has a market cap of £129.05 million, a price-to-earnings ratio of 3,545.45 and a beta of 0.52.

About Avingtrans

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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.

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