Amiad Water Systems (LON:AFS) Trading Up 2.2% – Here’s What Happened

Amiad Water Systems Ltd. (LON:AFS) shares shot up 2.2% on Wednesday . The company traded as high as GBX 374 ($4.72) and last traded at GBX 364 ($4.59). 22,786 shares traded hands during trading, an increase of 397% from the average session volume of 4,581 shares. The stock had previously closed at GBX 356 ($4.49).

Amiad Water Systems Stock Performance

The company has a current ratio of 2.52, a quick ratio of 1.71 and a debt-to-equity ratio of 39.59. The firm has a market capitalization of £110.71 million and a PE ratio of 53.53. The stock’s 50 day moving average price is GBX 364 and its two-hundred day moving average price is GBX 364.

Amiad Water Systems Company Profile

Amiad Water Systems Ltd., together with its subsidiaries, produces and supplies water filters and filtration systems for the industrial, municipal, ballast water, oil and gas, and irrigation markets worldwide. It offers automatic, semi-automatic, and manual filters, as well as fertigation injectors for farmers and large agricultural co-ops; automatic filters for industrial sector; and develops, manufactures, and distributes water treatment and filtration solutions for potable water and wastewater in various applications, such as pre-filtration for UV and tertiary treatment, and polishing, as well as for MF, UF, NF, and RO membranes.