VP (LON:VP) Shares Cross Below 200-Day Moving Average of $722.08

Vp plc (LON:VPGet Rating) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 722.08 ($8.71) and traded as low as GBX 703 ($8.48). VP shares last traded at GBX 703 ($8.48), with a volume of 364 shares.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 1,040 ($12.55) price objective on shares of VP in a research report on Tuesday, November 29th.

VP Price Performance

The stock has a market capitalization of £279.85 million, a PE ratio of 1,098.44 and a beta of 0.78. The company has a debt-to-equity ratio of 125.01, a current ratio of 1.17 and a quick ratio of 1.08. The firm’s 50 day simple moving average is GBX 698.60 and its 200 day simple moving average is GBX 721.95.

About VP

(Get Rating)

Vp plc provides equipment rental and associated services in the United Kingdom and internationally. It operates through UK Forks, Brandon Hire Station, ESS, Groundforce, TPA, MEP Hire, Torrent Trackside, Airpac Rentals, and TR Group businesses. The UK Forks business engages in the rental of telescopic handlers and tracked access platforms use for construction and housebuilding sites.

Further Reading

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