Avingtrans (LON:AVG) Posts Quarterly Earnings Results

Avingtrans (LON:AVG) announced its quarterly earnings data on Wednesday. The company reported GBX 12.20 ($0.15) earnings per share (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 Performance

Shares of LON:AVG opened at GBX 362.35 ($4.57) on Friday. The business has a 50-day moving average of GBX 371.52 and a two-hundred day moving average of GBX 390.70. The firm has a market capitalization of £115.51 million, a PE ratio of 32.16 and a beta of 0.52. Avingtrans has a 12 month low of GBX 343 ($4.32) and a 12 month high of GBX 444 ($5.60). The company has a debt-to-equity ratio of 21.69, a current ratio of 1.82 and a quick ratio of 1.87.

About Avingtrans

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.