Volvere (LON:VLE) Issues Quarterly Earnings Results

Volvere (LON:VLE) released 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 Trading Down 6.5%

VLE opened at GBX 2,020 on Wednesday. Volvere has a twelve month low of GBX 1,916 and a twelve month high of GBX 2,800. The company has a quick ratio of 5.49, a current ratio of 5.82 and a debt-to-equity ratio of 2.95. The company has a fifty day moving average of GBX 2,114.06 and a 200-day moving average of GBX 2,378.74. The stock has a market cap of £44.24 million, a PE ratio of 10.69 and a beta of 0.61.

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.