Pressure Technologies (LON:PRES) Shares Up 4.2% – Still a Buy?

Pressure Technologies plc (LON:PRES)’s stock price rose 4.2% on Tuesday . The company traded as high as GBX 37 ($0.47) and last traded at GBX 37 ($0.47). Approximately 19,935 shares changed hands during trading, a decline of 53% from the average daily volume of 42,049 shares. The stock had previously closed at GBX 35.50 ($0.45).

Pressure Technologies Trading Up 4.2 %

The company has a debt-to-equity ratio of 31.77, a quick ratio of 1.24 and a current ratio of 1.53. The company has a market capitalization of £14.31 million, a price-to-earnings ratio of -3,700.00, a price-to-earnings-growth ratio of -0.12 and a beta of 1.58. The firm has a fifty day moving average price of GBX 33.43 and a 200-day moving average price of GBX 34.43.

Insider Buying and Selling

In related news, insider Richard Staveley bought 75,000 shares of the company’s stock in a transaction dated Thursday, October 31st. The stock was purchased at an average price of GBX 34 ($0.43) per share, with a total value of £25,500 ($32,311.20). 5.42% of the stock is currently owned by company insiders.

Pressure Technologies Company Profile

Pressure Technologies plc, through its subsidiaries, designs, manufactures, and sells high pressure systems for the oil and gas, defense, industrial gases, and hydrogen energy markets in the United Kingdom, France, Norway, the United States, Rest of Europe, Germany, the Netherlands, Taiwan, and internationally.