Avingtrans (LON:AVG) Share Price Passes Below 200-Day Moving Average – What’s Next?

Avingtrans plc (LON:AVGGet Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 395.96 ($5.14) and traded as low as GBX 380.20 ($4.93). Avingtrans shares last traded at GBX 385 ($4.99), with a volume of 21,939 shares changing hands.

Avingtrans Stock Performance

The business’s fifty day moving average is GBX 405.31 and its two-hundred day moving average is GBX 395.95. The stock has a market capitalization of £132.36 million, a PE ratio of 3,636.36 and a beta of 0.52. The company has a quick ratio of 1.87, a current ratio of 1.82 and a debt-to-equity ratio of 21.20.

Avingtrans Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, December 20th. Stockholders of record on Thursday, November 7th will be issued a GBX 2.90 ($0.04) dividend. The ex-dividend date is Thursday, November 7th. This is an increase from Avingtrans’s previous dividend of $1.80. This represents a dividend yield of 0.69%. Avingtrans’s payout ratio is 4,545.45%.

Avingtrans Company Profile

(Get Free Report)

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.

Further Reading

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