Avingtrans (LON:AVG) Stock Passes Below Two Hundred Day Moving Average of $221.83
Avingtrans plc (LON:AVG)’s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $221.83 and traded as low as $236.65. Avingtrans shares last traded at $240.00, with a volume of 12,400 shares traded.
Separately, FinnCap upped their price objective on Avingtrans from GBX 285 ($3.72) to GBX 300 ($3.92) and gave the stock a “corporate” rating in a research report on Wednesday, June 26th.
The stock has a market capitalization of $75.27 million and a PE ratio of 300.00. The company has a quick ratio of 0.86, a current ratio of 1.27 and a debt-to-equity ratio of 17.57. The stock has a fifty day moving average of GBX 234.79 and a 200-day moving average of GBX 221.98.
Avingtrans plc manufactures and sells engineered components, systems, and services to the energy, medical, and infrastructure industries worldwide. It operates in three segments: Energy-EPM, Energy-PSRE, and Medical. The company designs, manufactures, integrates, and services electric motors and pumps, steam turbines, gas compressors, pressure vessels, containers, and skidded systems; and fabricated poles and cabinets for roadside safety cameras and rail track signaling.
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