VP (LON:VP) Share Price Passes Below 200-Day Moving Average – What’s Next?

Vp plc (LON:VP)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 511.45 and traded as low as GBX 463. VP shares last traded at GBX 490, with a volume of 8,075 shares traded.

Analyst Ratings Changes

Separately, Shore Capital Group restated 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, According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of GBX 753.33.

VP Stock Performance

The stock’s 50-day simple moving average is GBX 460.33 and its 200 day simple moving average is GBX 511.45. The company has a market capitalization of £189.81 million, a PE ratio of -35.29 and a beta of 0.32. The company has a debt-to-equity ratio of 166.22, a quick ratio of 1.08 and a current ratio of 1.14.

Insider Activity

In other VP news, insider Richard Smith acquired 10,000 shares of the stock in a transaction dated Tuesday, March 3rd. The stock was acquired at an average cost of GBX 486 per share, with a total value of £48,600. Also, insider Keith Winstanley bought 3,231 shares of the business’s stock in a transaction dated Wednesday, March 18th. The shares were acquired at an average cost of GBX 464 per share, for a total transaction of £14,991.84. Corporate insiders own 57.50% of the company’s stock.

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.