Van Elle (LON:VANL) Shares Pass Below 50-Day Moving Average – Here’s Why

Van Elle Holdings plc (LON:VANL)’s stock price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 38.13 ($0.46) and traded as low as GBX 37 ($0.45). Van Elle shares last traded at GBX 39.75 ($0.48), with a volume of 3,262,282 shares trading hands.

Van Elle Stock Up 6.0 %

The company has a quick ratio of 1.28, a current ratio of 1.44 and a debt-to-equity ratio of 14.50. The company has a fifty day simple moving average of GBX 38.13 and a 200 day simple moving average of GBX 39.69. The firm has a market capitalization of £42.43 million, a P/E ratio of 993.75 and a beta of 0.96.

Van Elle Company Profile

Van Elle Holdings is the UK’s largest and most diverse specialist geotechnical engineering contractor. The Company provides a range of ground engineering techniques and services including ground investigation; general and specialist piling, rail geotechnical engineering, modular foundations and ground improvement and stabilisation services.