Pressure Technologies (LON:PRES) Posts Earnings Results, Misses Estimates By $0.40 EPS

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

PRES stock traded up GBX 1.50 ($0.02) during midday trading on Thursday, hitting GBX 117.50 ($1.55). The company’s stock had a trading volume of 10,088 shares, compared to its average volume of 8,113. The company has a quick ratio of 1.87, a current ratio of 2.50 and a debt-to-equity ratio of 43.57. Pressure Technologies has a 52-week low of GBX 75 ($0.99) and a 52-week high of GBX 138 ($1.82). The firm has a market capitalization of $21.85 million and a P/E ratio of -8.10. The firm has a 50-day simple moving average of GBX 101.62 and a 200-day simple moving average of GBX 107.76.

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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