Pressure Technologies (LON:PRES) Stock Price Up 4.2% – Still a Buy?

Pressure Technologies plc (LON:PRES) shares rose 4.2% on Tuesday . The company traded as high as GBX 37 ($0.47) and last traded at GBX 37 ($0.47). Approximately 19,935 shares changed hands during mid-day trading, a decline of 53% from the average daily volume of 42,049 shares. The stock had previously closed at GBX 35.50 ($0.45).

Pressure Technologies Stock Performance

The firm has a market cap of £13.57 million, a price-to-earnings ratio of -3,510.00, a P/E/G ratio of -0.12 and a beta of 1.58. The company has a quick ratio of 1.24, a current ratio of 1.53 and a debt-to-equity ratio of 31.77. The business’s 50-day simple moving average is GBX 33.75 and its two-hundred day simple moving average is GBX 34.42.

Insider Activity

In other news, insider Richard Staveley purchased 75,000 shares of the stock in a transaction dated Thursday, October 17th. The shares were purchased at an average cost of GBX 33 ($0.42) per share, with a total value of £24,750 ($31,448.54). Insiders own 5.42% of the company’s stock.

Pressure Technologies Company Profile

Pressure Technologies plc, through its subsidiaries, designs, manufactures, and sells high pressure systems for the oil and gas, defense, industrial gases, and hydrogen energy markets in the United Kingdom, France, Norway, the United States, Rest of Europe, Germany, the Netherlands, Taiwan, and internationally.