VP (LON:VP) Stock Crosses Below 200-Day Moving Average – Time to Sell?

Vp plc (LON:VP)’s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 566.35 and traded as low as GBX 522. VP shares last traded at GBX 560, with a volume of 11,052 shares changing hands.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. Peel Hunt reiterated a “buy” rating and set a GBX 700 target price on shares of VP in a research report on Friday, December 19th. Shore Capital reaffirmed a “buy” rating and issued a GBX 760 price objective on shares of VP in a research note on Friday, October 10th. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, VP has an average rating of “Buy” and an average price target of GBX 753.33.

VP Stock Down 1.8%

The company has a debt-to-equity ratio of 135.10, a quick ratio of 1.08 and a current ratio of 1.48. The business has a 50 day simple moving average of GBX 538.98 and a 200-day simple moving average of GBX 566.35. The firm has a market capitalization of £217.04 million, a price-to-earnings ratio of -40.35 and a beta of 0.75.

VP (LON:VP) last posted its earnings results on Thursday, November 27th. The company reported GBX 33 EPS for the quarter. VP had a negative return on equity of 3.50% and a negative net margin of 1.46%. On average, equities analysts expect that Vp plc will post 72.7728984 EPS for the current year.

About VP

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. It also rents excavation support systems and specialist products to the water, civil engineering, and construction industries; provides portable roadways and temporary access solutions to customers in the transmission, construction, rail, and outdoor events markets; offers mechanical and electrical press fittings, and low level access platforms to the construction, fit out, mechanical, and electrical markets; and supplies rail infrastructure portable plants and related trackside services to Network Rail and London Underground, as well as their appointed track renewal, maintenance, and project contractors.