VP (LON:VP) Shares Pass Below 200 Day Moving Average – Here’s What Happened

Vp plc (LON:VP) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 500.30 and traded as low as GBX 453. VP shares last traded at GBX 453, with a volume of 4,337 shares.

Analyst Ratings Changes

Separately, Shore Capital Group reissued an “under review” rating on shares of VP in a report on Friday, April 17th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, VP has a consensus rating of “Buy” and a consensus price target of GBX 753.33.

VP Stock Performance

The company has a debt-to-equity ratio of 166.22, a current ratio of 1.14 and a quick ratio of 1.08. The firm has a market capitalization of £178.76 million, a PE ratio of -33.23 and a beta of 0.36. The company’s fifty day simple moving average is GBX 467.52 and its 200-day simple moving average is GBX 500.30.

Insider Transactions at VP

In related news, insider Keith Winstanley acquired 3,231 shares of the firm’s stock in a transaction on Wednesday, March 18th. The shares were acquired at an average cost of GBX 464 per share, with a total value of £14,991.84. 57.50% of the stock is currently owned by insiders.

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.