Pressure Technologies (LON:PRES) Announces Quarterly Earnings Results, Misses Expectations By $0.40 EPS

Pressure Technologies (LON:PRES) posted its quarterly earnings results on Tuesday. The company reported GBX 7.80 ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of GBX 8.20 ($0.11) by GBX (0.40) (($0.01)), Digital Look Earnings reports.

LON:PRES traded up GBX 1.50 ($0.02) during midday trading on Thursday, reaching GBX 117.50 ($1.55). 10,088 shares of the stock traded hands, compared to its average volume of 8,113. The stock has a market capitalization of $21.85 million and a P/E ratio of -8.10. The company has a debt-to-equity ratio of 43.57, a quick ratio of 1.87 and a current ratio of 2.50. The company has a fifty day moving average of GBX 101.62 and a 200 day moving average of GBX 107.76. Pressure Technologies has a 12 month low of GBX 75 ($0.99) and a 12 month high of GBX 138 ($1.82).

Pressure Technologies Company Profile

Pressure Technologies plc, through its subsidiaries, designs and manufactures high pressure components and systems for the energy, defense, and industrial gases markets in the United Kingdom, Europe, and internationally. It operates through four segments: Cylinders, Precision Machined Components, Engineered Products, and Alternative Energy.

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