Avingtrans (LON:AVG) Sets New 12-Month Low – Here’s Why

Shares of Avingtrans plc (LON:AVG) reached a new 52-week low on Tuesday . The company traded as low as GBX 343 ($4.39) and last traded at GBX 350.15 ($4.48), with a volume of 52174 shares. The stock had previously closed at GBX 350 ($4.48).

Avingtrans Stock Performance

The firm’s 50-day moving average price is GBX 370.76 and its 200 day moving average price is GBX 390.36. The company has a market cap of £111.62 million, a price-to-earnings ratio of 31.08 and a beta of 0.52. The company has a debt-to-equity ratio of 21.69, a quick ratio of 1.87 and a current ratio of 1.82.

Avingtrans (LON:AVG) last released its quarterly earnings results on Wednesday, February 26th. The company reported GBX 12.20 ($0.16) earnings per share (EPS) for the quarter. Avingtrans had a return on equity of 3.32% and a net margin of 2.68%. On average, sell-side analysts anticipate that Avingtrans plc will post 15.0753769 EPS for the current year.

Avingtrans Company Profile

Avingtrans plc has a proven strategy of “buy and build” in highly regulated engineering markets, a strategy it has named “Pinpoint-Invest-Exit”. Significant shareholder value is delivered through a clear strategy, a strong balance sheet and an agile and experienced management team.

Avingtrans designs, manufactures and supplies original equipment, systems and associated aftermarket services to the energy, medical and industrial markets worldwide.