Avingtrans (LON:AVG) Reaches New 1-Year Low – Time to Sell?

Avingtrans plc (LON:AVG)’s stock price hit a new 52-week low on Friday . The company traded as low as GBX 340 ($4.40) and last traded at GBX 354.48 ($4.59), with a volume of 20626 shares. The stock had previously closed at GBX 350 ($4.53).

Avingtrans Stock Performance

The stock has a market cap of £113.00 million, a price-to-earnings ratio of 31.46 and a beta of 0.52. The company’s 50-day simple moving average is GBX 367.51 and its 200-day simple moving average is GBX 388.24. The company has a quick ratio of 1.87, a current ratio of 1.82 and a debt-to-equity ratio of 21.69.

Avingtrans (LON:AVG) last announced its earnings results on Wednesday, February 26th. The company reported GBX 12.20 ($0.16) earnings per share (EPS) for the quarter. Avingtrans had a return on equity of 3.32% and a net margin of 2.68%. Analysts predict that Avingtrans plc will post 15.0753769 EPS for the current fiscal year.

Avingtrans Company Profile

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.