Pressure Technologies PLC on Tuesday said it expects revenue to grow and to swing to profit in the financial year that ended on September 30.
The Sheffield, England-based engineering firm said it.
Specialist engineering firm Pressure Technologies projected full-year revenue of £32m in a post-close trading update on Tuesday, making for a 28% like-for-like expansion year-on-year.
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Pressure Technologies plc (LON:PRES – Get Free Report)’s share price passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 34.99 ($0.44) and traded as low as GBX 32.23 ($0.41). Pressure Technologies shares last traded at GBX 33.50 ($0.42), with a volume of 486 shares. […]