VP (LON:VP) Stock Crosses Above Fifty Day Moving Average – Time to Sell?

Shares of Vp plc (LON:VP) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 482.07 and traded as high as GBX 487. VP shares last traded at GBX 468, with a volume of 16,990 shares.

Analyst Ratings Changes

Several equities analysts have commented on the company. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 600 price target on shares of VP in a report on Wednesday, June 10th. Shore Capital Group reissued an “under review” rating on shares of VP in a report on Friday, April 17th. Two research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of GBX 686.67.

VP Stock Up 6.0%

The firm has a market cap of £196.12 million, a price-to-earnings ratio of -36.46 and a beta of 0.35. The business’s 50-day moving average is GBX 482.79 and its 200-day moving average is GBX 490.28. The company has a debt-to-equity ratio of 178.34, a quick ratio of 1.08 and a current ratio of 0.65.

VP (LON:VP) last posted its earnings results on Wednesday, June 10th. The company reported GBX 54.50 EPS for the quarter. The business had revenue of £358.27 million for the quarter. VP had a negative net margin of 1.52% and a negative return on equity of 3.89%. On average, equities analysts predict that Vp plc will post 72.7728984 EPS for the current year.

VP Company Profile

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.