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

Posted by ABMN Staff on Dec 24th, 2024

Vp plc (LON:VP – Get Free Report)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 642.29 ($8.05) and traded as low as GBX 545 ($6.83). VP shares last traded at GBX 550 ($6.89), with a volume of 2,044 shares.

Analyst Ratings Changes

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 950 ($11.91) price objective on shares of VP in a report on Friday, October 4th.

Check Out Our Latest Stock Analysis on VP

VP Trading Up 1.9 %

The company has a debt-to-equity ratio of 126.29, a current ratio of 1.05 and a quick ratio of 1.08. The business’s 50-day moving average is GBX 589.05 and its 200 day moving average is GBX 642.29. The firm has a market capitalization of £217.03 million, a P/E ratio of -4,230.77 and a beta of 0.75.

VP Cuts Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Thursday, December 5th will be issued a dividend of GBX 11.50 ($0.14) per share. The ex-dividend date of this dividend is Thursday, December 5th. This represents a dividend yield of 2.02%. VP’s dividend payout ratio is presently -30,000.00%.

VP Company Profile

(Get Free Report)

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.