Devro (LON:DVO) Rating Reiterated by Peel Hunt

Peel Hunt restated their hold rating on shares of Devro (LON:DVO) in a research report sent to investors on Thursday, ThisIsMoney.Co.Uk reports.

Separately, Shore Capital reiterated a buy rating on shares of Devro in a research note on Tuesday, October 22nd.

Shares of LON DVO opened at GBX 167 ($2.20) on Thursday. The company has a current ratio of 2.90, a quick ratio of 1.50 and a debt-to-equity ratio of 112.94. Devro has a 12 month low of GBX 147.76 ($1.94) and a 12 month high of GBX 222 ($2.92). The stock has a 50 day moving average of GBX 171.68 and a 200-day moving average of GBX 176.97. The company has a market capitalization of $278.81 million and a P/E ratio of 18.35.

About Devro

Devro plc, together with its subsidiaries, manufactures and supplies collagen casings in the Americas, Europe, and the Asia-Pacific. It offers edible and non-edible collagen casings, tubular films, and plastic casings for use in the production of a range of sausages and other meat products. The company sells its products to food manufacturers through agents and distributors.

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