VP (LON:VP) Stock Price Passes Below 200-Day Moving Average – Here’s Why

Vp plc (LON:VP) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 607.07 ($7.69) and traded as low as GBX 565 ($7.16). VP shares last traded at GBX 590 ($7.48), with a volume of 6,825 shares traded.

VP Stock Up 3.5 %

The firm has a market cap of £232.82 million, a P/E ratio of -43.29 and a beta of 0.75. The stock’s 50 day simple moving average is GBX 575.40 and its 200 day simple moving average is GBX 607.07. The company has a debt-to-equity ratio of 135.10, a quick ratio of 1.08 and a current ratio of 1.48.

VP (LON:VP) last issued its quarterly earnings data on Tuesday, November 26th. The company reported GBX 39 ($0.49) earnings per share (EPS) for the quarter. VP had a negative net margin of 1.46% and a negative return on equity of 3.50%. Research analysts anticipate that Vp plc will post 72.7728984 EPS for the current year.

Insider Activity

In other VP news, insider Jeremy F. G. Pilkington bought 100,000 shares of the firm’s stock in a transaction on Wednesday, January 15th. The shares were acquired at an average cost of GBX 568 ($7.20) per share, for a total transaction of £568,000 ($719,898.61). Insiders own 57.50% of the company’s stock.

VP Company Profile

Vp plc provides equipment rental and associated services in the United Kingdom and internationally. The company engages in the rental of telescopic handlers and tracked access platforms for construction and housebuilding sites; rental of tools and specialist products to the industry and construction markets, as well as homeowners; and rental of safety, survey, communication, and test and measurement equipment.