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Pin to quick picksPressure Tech Share News (PRES)

Share Price Information for Pressure Tech (PRES)

London Stock Exchange
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Share Price: 37.50
Bid: 36.00
Ask: 39.00
Change: 0.00 (0.00%)
Spread: 3.00 (8.333%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 37.50
PRES Live PriceLast checked at -

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Sector movers: Engineers motor ahead

Mon, 14th Jun 2010 12:29

Engineers are going well, with Weir leading the way. The company, which supplies products and services to the mining, oil & gas and power generation sectors, said trading for the nine weeks to 4 June has been stronger than expected, with order output for the 22-week period up 25%.It also confirmed it will acquire Kuala Lumpur based Linatex for £138m as it expands its global reach. Linatex, which provides wear-resistant products to the mining and sand industries, fits into its strategy of growing its global capability.Not all companies in the sector are performing well though. Sheffield based oil and gas equipment supplier Pressure Technologies falls back after it said it was on track to meet full year expectations despite a decline in half year profit.BP is dragging on the oil sector again. The oil disaster in the Gulf of Mexico has now cost it £1.1bn ($1.6bn) and the pressure on the oil giant is likely to intensify over the next few days as Barack Obama prepares to address the American people tomorrow.Top performing sectors so far todayIndustrial Engineering 4,792.18 +4.62%Automobiles & Parts 3,037.15 +3.10%Industrial Metals & Mining 5,351.16 +2.93%General Industrials 2,478.89 +2.33%Mining 21,052.15 +2.13%Bottom performing sectors so far todayOil & Gas Producers 6,791.75 -1.63%Alternative Energy 5,725.48 -1.15%Real Estate Investment & Services 1,343.96 -0.42%Food & Drug Retailers 4,468.22 -0.21%Insurance (non-life) 1,387.48 -0.04%
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30 Aug 2016 14:46

Pressure Technologies to report a full year loss against market expectations

(ShareCast News) - Engineering company Pressure Technologies said there will be a loss in its full year results, against market expectations, due to delays and legacy costs to upcoming projects. Trading in Pressure Technologies' three manufacturing divisions, cylinders, precision machined components

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14 Jun 2016 10:12

Pressure Technologies Makes Profit But Revenue Drops, Scraps Dividend

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27 Apr 2016 16:27

Pressure Technologies issues warning as oil industry stagnates

(ShareCast News) - Pressure Technologies issued a dire warning about the state of oil and gas services on Wednesday, signalling its struggle through the first six months of the trading year were even more difficult than previously anticipated. The AIM-traded company had highlighted difficult trading

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27 Apr 2016 09:42

WINNERS & LOSERS SUMMARY: Barclays Moving In The Right Direction

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27 Apr 2016 08:50

Pressure Technologies Sinks As Orders Deteriorate In Second Quarter

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17 Feb 2016 07:52

Pressure Technologies Resilient But Little Improvement Seen In 2016

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11 Feb 2016 08:53

Pressure Technologies: Coroner Suggests Narrative Verdict Over Death

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10 Feb 2016 16:02

AGM, EGM Calendar - Week Ahead

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15 Dec 2015 14:46

Pressure Technologies weathering oil and gas storm, keeps divi

(ShareCast News) - Pressure Technologies saw its full-year operating profits almost halved as a result of the storm in oil and gas markets, but the directors of the company expressed confidence in the group´s outlook. The specialist engineering outfit´s revenues for the 53 weeks to 3 October grew 4.

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15 Dec 2015 09:30

Pressure Technologies Shares Rise Despite Fall In Full Year Profit

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10 Nov 2015 14:24

Pressure Technologies on track to beat market expectations

(ShareCast News) - Pressure Technologies expects its adjusted earnings for the full year to be ahead of market views despite difficult conditions in its main oil and gas market, following strong performances across some of its divisions. In a trading update for the year ended 3 October, the high pre

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10 Nov 2015 12:12

LONDON MARKET MIDDAY: Stocks Down Amid US Rate Hike Dread

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10 Nov 2015 09:49

BROKER RATINGS SUMMARY: Deutsche Cuts Morrisons To Sell, Tesco To Hold

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10 Nov 2015 08:26

Pressure Technologies To Beat Market View Despite Poor Oil Market

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27 Aug 2015 11:18

PressureTechnologies appoints engineer to board

(ShareCast News) - AIM listed PressureTechnologies has appointed Brian Newman to its board as non=executive director. Newman, whose board roles included positions at Teknomek Ltd, Shrewsbury and Telford Hospital NHS Trust, will replace Nigel Luckett, the company said in a statement. Luckett, who ha

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