Pressure Technologies (LON:PRES) Releases Earnings Results

Pressure Technologies (LON:PRES) posted its quarterly earnings data on Wednesday. The company reported GBX (4.50) (($0.06)) earnings per share for the quarter, Digital Look Earnings reports. Pressure Technologies had a negative return on equity of 4.02% and a negative net margin of 1.53%.

Pressure Technologies Stock Down 9.1 %

LON PRES traded down GBX 3.51 ($0.04) during trading hours on Wednesday, hitting GBX 34.99 ($0.44). 101,648 shares of the company were exchanged, compared to its average volume of 44,708. The company has a 50 day moving average of GBX 36.98 and a two-hundred day moving average of GBX 34.15. 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 firm has a market cap of £13.53 million, a price-to-earnings ratio of -3,499.00, a PEG ratio of -0.12 and a beta of 1.58. Pressure Technologies has a 52-week low of GBX 24 ($0.30) and a 52-week high of GBX 43.90 ($0.55).

Pressure Technologies Company Profile

Headquartered in Sheffield, United Kingdom, the Pressure Technologies Group is a leading designer and manufacturer of high-integrity, safety-critical components and systems serving global supply chains in oil and gas, defence, industrial gases and hydrogen energy markets. The Group has two divisions, Chesterfield Special Cylinders and Precision Machined Components.