Avingtrans (LON:AVG) Issues Earnings Results

Avingtrans (LON:AVGGet Free Report) announced its quarterly earnings results 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 Price Performance

AVG stock opened at GBX 362.35 ($4.57) on Friday. The stock’s 50 day moving average price is GBX 371.52 and its 200 day moving average price is GBX 390.70. The firm has a market cap of £115.51 million, a P/E ratio of 32.16 and a beta of 0.52. The company has a debt-to-equity ratio of 21.69, a quick ratio of 1.87 and a current ratio of 1.82. Avingtrans has a 1 year low of GBX 343 ($4.32) and a 1 year high of GBX 444 ($5.60).

Avingtrans Company Profile

(Get Free Report)

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.

Further Reading

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