Pressure Technologies (LON:PRES) Issues Earnings Results

Pressure Technologies (LON:PRES) announced its earnings results on Tuesday. The company reported GBX 7.80 ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of GBX 8.20 ($0.11) by GBX (0.40) (($0.01)), Digital Look Earnings reports.

Shares of PRES stock traded up GBX 4 ($0.05) on Thursday, reaching GBX 120 ($1.58). The stock had a trading volume of 10,088 shares, compared to its average volume of 8,113. The company has a debt-to-equity ratio of 43.57, a quick ratio of 1.87 and a current ratio of 2.50. Pressure Technologies has a 1 year low of GBX 75 ($0.99) and a 1 year high of GBX 138 ($1.82). The stock has a market cap of $21.11 million and a P/E ratio of -8.28. The company has a 50 day simple moving average of GBX 101.62 and a 200 day simple moving average of GBX 107.76.

Pressure Technologies Company Profile

Pressure Technologies plc, through its subsidiaries, designs and manufactures high pressure components and systems for the energy, defense, and industrial gases markets in the United Kingdom, Europe, and internationally. It operates through four segments: Cylinders, Precision Machined Components, Engineered Products, and Alternative Energy.

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