Van Elle (LON:VANL) Shares Cross Above Two Hundred Day Moving Average – Here’s Why

Van Elle Holdings plc (LON:VANL) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 36.45 and traded as high as GBX 38. Van Elle shares last traded at GBX 37.30, with a volume of 36,861 shares changing hands.

Van Elle Trading Down 0.1%

The firm’s 50 day simple moving average is GBX 36.44 and its 200-day simple moving average is GBX 36.45. The company has a market capitalization of £40.54 million, a PE ratio of 93.66 and a beta of 0.96. The company has a quick ratio of 1.28, a current ratio of 1.44 and a debt-to-equity ratio of 14.50.

Van Elle (LON:VANL) last issued its earnings results on Monday, January 26th. The company reported GBX 1.40 EPS for the quarter. Van Elle had a net margin of 3.02% and a return on equity of 8.12%. As a group, equities research analysts anticipate that Van Elle Holdings plc will post 4.198895 EPS for the current year.

About Van Elle

Van Elle Holdings is the UK’s largest and most diverse specialist geotechnical engineering contractor. The Company provides a range of ground engineering techniques and services including ground investigation; general and specialist piling, rail geotechnical engineering, modular foundations and ground improvement and stabilisation services. Van Elle operates through three divisions: General Piling, Specialist Piling and Ground Engineering and is focused on three end markets; residential and housing, infrastructure and regional construction across which the Group has completed more than 20,000 projects over the last 35 years.

General Piling provides a range of larger piling and ground engineering solutions for open-site construction projects; Specialist Piling provides a range of geotechnical solutions in operationally constrained environments including on-track rail applications; and Ground Engineering Services offers a range of ground investigation and geotechnical services and modular foundation solutions such as Smartfoot®.