VP (LON:VP) Stock Price Down 11.6% – Should You Sell?

Vp plc (LON:VP)’s stock price dropped 11.6% on Wednesday . The stock traded as low as GBX 441 and last traded at GBX 490. Approximately 847,735 shares traded hands during trading, an increase of 217,268% from the average daily volume of 390 shares. The stock had previously closed at GBX 554.

Analyst Upgrades and Downgrades

Separately, Peel Hunt reiterated a “buy” rating and issued a GBX 700 target price on shares of VP in a research report on Friday, December 19th. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of GBX 753.33.

VP Price Performance

The company has a debt-to-equity ratio of 135.10, a current ratio of 1.48 and a quick ratio of 1.08. The stock’s fifty day simple moving average is GBX 538.34 and its 200-day simple moving average is GBX 564.70. The company has a market capitalization of £193.36 million, a P/E ratio of -35.95 and a beta of 0.75.

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