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

Posted by Hayley Millar on Feb 1st, 2025

Vp plc (LON:VP – Get Free Report)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 619.67 ($7.68) and traded as low as GBX 606.50 ($7.52). VP shares last traded at GBX 612.50 ($7.59), with a volume of 2,398 shares changing hands.

Wall Street Analyst Weigh In

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 950 ($11.77) price target on shares of VP in a research report on Friday, October 4th.

Check Out Our Latest Report on VP

VP Stock Down 1.6 %

The firm has a 50 day moving average of GBX 572.75 and a 200-day moving average of GBX 618.88. 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 stock has a market capitalization of £236.76 million, a P/E ratio of -4,615.38 and a beta of 0.75.

VP (LON:VP – Get Free Report) last released its quarterly earnings data on Tuesday, November 26th. The company reported GBX 39 ($0.48) earnings per share (EPS) for the quarter. VP had a negative return on equity of 3.23% and a negative net margin of 1.43%. On average, equities research analysts expect that Vp plc will post 72.7728984 earnings per share for the current fiscal year.

VP Cuts Dividend

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

Insider Activity

In related news, insider Jeremy F. G. Pilkington purchased 100,000 shares of the stock in a transaction on Wednesday, January 15th. The shares were purchased at an average cost of GBX 568 ($7.04) per share, for a total transaction of £568,000 ($703,928.62). 57.50% of the stock is owned by company insiders.

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.