Avingtrans (LON:AVG) Stock Price Up 1% – What’s Next?

Avingtrans plc (LON:AVG) shares traded up 1% during mid-day trading on Wednesday . The company traded as high as GBX 394 ($4.95) and last traded at GBX 394 ($4.95). 3,831 shares traded hands during mid-day trading, a decline of 89% from the average session volume of 33,756 shares. The stock had previously closed at GBX 390 ($4.90).

Avingtrans Trading Down 1.9 %

The company has a quick ratio of 1.87, a current ratio of 1.82 and a debt-to-equity ratio of 21.20. The firm has a market cap of £124.14 million, a price-to-earnings ratio of 3,410.45 and a beta of 0.52. The company has a 50-day moving average price of GBX 398.74 and a 200 day moving average price of GBX 392.87.

Avingtrans Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, December 20th. Investors of record on Thursday, November 7th will be issued a dividend of GBX 2.90 ($0.04) per share. This is a boost from Avingtrans’s previous dividend of $1.80. This represents a dividend yield of 0.69%. The ex-dividend date is Thursday, November 7th. Avingtrans’s dividend payout ratio (DPR) is currently 4,545.45%.

About Avingtrans

Avingtrans plc engages in the provision of engineered components, systems, and services to the energy, medical, and infrastructure industries worldwide. It operates in three segments: Energy-EPM, Energy-PSRE, and Medical-MII. The company designs, manufactures, integrates, and services electric motors and pumps, steam turbines, gas compressors, pressure vessels, blast doors, containers, and skidded systems.