Avingtrans (LON:AVG) Share Price Crosses Above Two Hundred Day Moving Average of $379.37

Shares of Avingtrans plc (LON:AVG) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 379.37 ($4.72) and traded as high as GBX 408 ($5.08). Avingtrans shares last traded at GBX 400 ($4.98), with a volume of 12,940 shares changing hands.

Avingtrans Stock Up 2.6 %

The company has a quick ratio of 1.87, a current ratio of 1.85 and a debt-to-equity ratio of 19.24. The business has a 50-day moving average price of GBX 379.61 and a 200-day moving average price of GBX 379.14. The firm has a market capitalization of £132.36 million, a PE ratio of 2,105.26 and a beta of 0.58.

Avingtrans Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, June 21st. Stockholders of record on Thursday, May 23rd will be given a GBX 1.80 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, May 23rd. This represents a dividend yield of 0.52%. Avingtrans’s dividend payout ratio (DPR) is presently 2,631.58%.

Insider Activity

In other news, insider Stephen King sold 5,400 shares of the company’s stock in a transaction that occurred on Monday, March 25th. The stock was sold at an average price of GBX 390 ($4.85), for a total value of £21,060 ($26,216.86). In related news, insider Roger Steven McDowell sold 27,900 shares of the company’s stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of GBX 370 ($4.61), for a total value of £103,230 ($128,507.41). Also, insider Stephen King sold 5,400 shares of the company’s stock in a transaction that occurred on Monday, March 25th. The shares were sold at an average price of GBX 390 ($4.85), for a total value of £21,060 ($26,216.86). Company insiders own 24.03% of the company’s stock.

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.