Volvere (LON:VLE) Announces Quarterly Earnings Results

Volvere (LON:VLE) announced its quarterly earnings results on Wednesday. The company reported GBX 21.86 earnings per share (EPS) 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 traded down GBX 120 during trading hours on Wednesday, hitting GBX 2,040. The company had a trading volume of 27,687 shares, compared to its average volume of 3,019. The firm has a market cap of £44.68 million, a price-to-earnings ratio of 10.80 and a beta of 0.61. The company has a quick ratio of 5.49, a current ratio of 5.82 and a debt-to-equity ratio of 2.95. Volvere has a 12 month low of GBX 1,916 and a 12 month high of GBX 2,800. The business has a fifty day moving average of GBX 2,114.06 and a 200-day moving average of GBX 2,378.74.

About Volvere

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.