Avingtrans (LON:AVG) Stock Passes Above 200 Day Moving Average – Time to Sell?

Avingtrans plc (LON:AVG)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 369.67 ($5.07) and traded as high as GBX 430 ($5.90). Avingtrans shares last traded at GBX 423 ($5.80), with a volume of 22,596 shares trading hands.

Avingtrans Trading Up 0.7%

The company has a market cap of £134.85 million, a P/E ratio of 37.54 and a beta of 0.52. The firm has a 50-day moving average of GBX 386.55 and a 200 day moving average of GBX 369.67. The company has a current ratio of 1.82, a quick ratio of 1.87 and a debt-to-equity ratio of 21.69.

About Avingtrans

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.