VP (LON:VP) Stock Price Crosses Above Fifty Day Moving Average – Should You Sell?

Vp plc (LON:VP) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 542.90 and traded as high as GBX 558. VP shares last traded at GBX 536, with a volume of 3,413 shares.

Wall Street Analyst Weigh In

VP has been the subject of several recent analyst reports. Shore Capital reiterated a “buy” rating and issued a GBX 760 target price on shares of VP in a report on Friday, October 10th. Peel Hunt reaffirmed a “buy” rating and issued a GBX 700 price objective on shares of VP in a research note on Friday, December 19th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of GBX 753.33.

VP Stock Performance

The company has a current ratio of 1.48, a quick ratio of 1.08 and a debt-to-equity ratio of 135.10. The firm has a market capitalization of £211.51 million, a PE ratio of -39.32 and a beta of 0.75. The firm’s fifty day moving average price is GBX 542.90 and its 200 day moving average price is GBX 568.77.

VP (LON:VP) last announced its quarterly earnings data on Thursday, November 27th. The company reported GBX 33 earnings per share (EPS) for the quarter. VP had a negative return on equity of 3.50% and a negative net margin of 1.46%. On average, research analysts anticipate that Vp plc will post 72.7728984 earnings per share 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.