Avingtrans (LON:AVG) Insider Sells £994,000 in Stock

Avingtrans plc (LON:AVGGet Free Report) insider Stephen King sold 140,000 shares of Avingtrans stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of GBX 710, for a total transaction of £994,000.

Avingtrans Price Performance

Shares of Avingtrans stock traded up GBX 9.85 during midday trading on Tuesday, reaching GBX 719.85. The company had a trading volume of 328,838 shares, compared to its average volume of 109,751. The stock has a fifty day simple moving average of GBX 650.79 and a 200 day simple moving average of GBX 601.09. The company has a current ratio of 1.57, a quick ratio of 1.87 and a debt-to-equity ratio of 23.26. The company has a market capitalization of £242.03 million, a price-to-earnings ratio of 34.12 and a beta of 0.55. Avingtrans plc has a 1-year low of GBX 410 and a 1-year high of GBX 720.27.

Avingtrans Company Profile

(Get Free Report)

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.

The Group has ten business units organised into three operating divisions: the Energy Divisions comprising Engineered Pumps & Motors (EPM) and Process Solutions & Rotating Equipment (PSRE) and the Medical Division.

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