Pressure Technologies (LON:PRES) Shares Cross Below 50 Day Moving Average of $71.60

Pressure Technologies logoPressure Technologies plc (LON:PRES – Get Rating)’s stock price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 71.60 ($0.87) and traded as low as GBX 65 ($0.79). Pressure Technologies shares last traded at GBX 66.50 ($0.80), with a volume of 9,635 shares traded.

Pressure Technologies Stock Down 1.5%

The stock has a 50-day moving average of GBX 71.60 and a two-hundred day moving average of GBX 79.34. The company has a market cap of £20.66 million and a P/E ratio of -5.54. The company has a debt-to-equity ratio of 44.16, a quick ratio of 1.24 and a current ratio of 1.73.

Pressure Technologies Company Profile

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Pressure Technologies plc, through its subsidiaries, designs and manufactures high pressure components and systems for the oil and gas, defense, industrial gases, and hydrogen energy markets in the United Kingdom, Europe, and internationally. It operates through two segments, Cylinders and Precision Machined Components.

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