Pressure Technologies (LON:PRES) Stock Price Crosses Below 200-Day Moving Average – Should You Sell?

Pressure Technologies plc (LON:PRES) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 34.12 ($0.44) and traded as low as GBX 33.31 ($0.43). Pressure Technologies shares last traded at GBX 34 ($0.44), with a volume of 118,564 shares trading hands.

Pressure Technologies Stock Performance

The stock has a fifty day simple moving average of GBX 33.65 and a two-hundred day simple moving average of GBX 34.12. The company has a debt-to-equity ratio of 13.96, a quick ratio of 1.24 and a current ratio of 1.37. The stock has a market cap of £12.88 million, a price-to-earnings ratio of -25.20, a P/E/G ratio of -0.12 and a beta of 1.58.

Pressure Technologies (LON:PRES) last released its quarterly earnings data on Wednesday, February 5th. The company reported GBX (4.50) (($0.06)) earnings per share for the quarter. Pressure Technologies had a negative net margin of 1.53% and a negative return on equity of 4.31%. Analysts expect that Pressure Technologies plc will post 0.57 EPS for the current fiscal year.

About Pressure Technologies

Headquartered in Sheffield, United Kingdom, the Pressure Technologies Group is a leading designer and manufacturer of high-integrity, safety-critical components and systems serving global supply chains in oil and gas, defence, industrial gases and hydrogen energy markets. The Group has two divisions, Chesterfield Special Cylinders and Precision Machined Components.