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

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

PRES traded up GBX 3 ($0.04) during midday trading on Tuesday, hitting GBX 107.50 ($1.41). The company’s stock had a trading volume of 35,351 shares, compared to its average volume of 8,113. The company has a current ratio of 2.50, a quick ratio of 1.87 and a debt-to-equity ratio of 43.57. The firm has a market cap of $19.99 million and a P/E ratio of -7.41. The firm has a 50-day moving average price of GBX 101.39 and a two-hundred day moving average price of GBX 107.63. Pressure Technologies has a 52-week low of GBX 75 ($0.99) and a 52-week high of GBX 138 ($1.82).

About Pressure Technologies

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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