Volvere (LON:VLE) Issues Earnings Results

Volvere (LON:VLE) announced its quarterly earnings data on Wednesday. The company reported GBX 21.86 earnings per share for the quarter, Digital Look Earnings reports. Volvere had a net margin of 7.90% and a return on equity of 9.96%.

Volvere Stock Performance

Shares of VLE stock traded up GBX 40 during trading hours on Thursday, hitting GBX 2,140. The company’s stock had a trading volume of 3,616 shares, compared to its average volume of 3,023. The stock has a market cap of £46.87 million, a PE ratio of 11.33 and a beta of 0.61. Volvere has a 12-month low of GBX 1,916 and a 12-month high of GBX 2,800. The company has a 50 day moving average of GBX 2,111.09 and a 200 day moving average of GBX 2,373.88. The company has a current ratio of 5.82, a quick ratio of 5.49 and a debt-to-equity ratio of 2.95.

Volvere Company Profile

Volvere plc is a private equity and venture capital firm specializing in distressed/vulture, growth capital, acquisitions, emerging growth and turnaround investments. The firm prefers to invest in companies that are in distress and prefers undervalued or under-performing assets. The firm invests in the security solutions, food manufacturing. It invests across the world. The firm prefers companies that fit strategically with an existing portfolio investment. It prefers to invest up to $20 million in equity per transaction and minimum target sales value of $10 million.