Avingtrans (LON:AVG) Issues Earnings Results

Avingtrans (LON:AVG) posted its quarterly earnings results on Wednesday. The company reported GBX 12.20 ($0.15) EPS for the quarter, Digital Look Earnings reports. Avingtrans had a net margin of 2.68% and a return on equity of 3.32%.

Avingtrans Stock Down 0.1 %

Shares of AVG stock traded down GBX 0.50 ($0.01) on Friday, reaching GBX 362 ($4.56). 15,929 shares of the stock were exchanged, compared to its average volume of 31,839. The company has a market capitalization of £115.40 million, a price-to-earnings ratio of 32.13 and a beta of 0.52. The business’s 50 day moving average price is GBX 371.52 and its 200 day moving average price is GBX 390.70. The company has a current ratio of 1.82, a quick ratio of 1.87 and a debt-to-equity ratio of 21.69. Avingtrans has a twelve month low of GBX 343 ($4.32) and a twelve month high of GBX 444 ($5.60).

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.