Porvair plc (LON:PRV) Insider James Mills Purchases 4,250 Shares of Stock

Porvair plc (LON:PRV) insider James Mills purchased 4,250 shares of the company’s stock in a transaction dated Friday, April 19th. The stock was bought at an average price of GBX 620 ($7.66) per share, with a total value of £26,350 ($32,546.94).

Porvair Trading Up 3.3 %

Shares of Porvair stock opened at GBX 622 ($7.68) on Wednesday. The firm has a market capitalization of £288.36 million, a price-to-earnings ratio of 1,777.14 and a beta of 0.76. Porvair plc has a fifty-two week low of GBX 522 ($6.45) and a fifty-two week high of GBX 680 ($8.40). The company has a debt-to-equity ratio of 11.52, a quick ratio of 1.22 and a current ratio of 2.22. The stock has a 50 day moving average of GBX 630.92 and a 200 day moving average of GBX 612.65.

Porvair Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, June 5th. Investors of record on Thursday, May 2nd will be given a GBX 4 ($0.05) dividend. This represents a yield of 0.61%. This is a positive change from Porvair’s previous dividend of $2.00. The ex-dividend date is Thursday, May 2nd. Porvair’s dividend payout ratio is presently 1,714.29%.

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “hold” rating on shares of Porvair in a research report on Tuesday, April 16th.

About Porvair

Porvair plc engages in the filtration, laboratory, and environmental technology business. It operates through three segments: Aerospace & Industrial, Laboratory, and Metal Melt Quality. The Aerospace & Industrial segment designs and manufactures a range of specialist filtration equipment for aerospace, energy, and industrial applications.