VP (LON:VP) Stock Price Passes Below 200-Day Moving Average of $821.11

Vp plc (LON:VPGet Rating)’s stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 821.11 ($9.71) and traded as low as GBX 640 ($7.57). VP shares last traded at GBX 662 ($7.83), with a volume of 685 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank initiated coverage on shares of VP in a report on Friday, September 23rd. They issued a “buy” rating and a GBX 1,040 ($12.30) price target for the company.

VP Stock Performance

The company has a market cap of £269.03 million and a PE ratio of 1,034.38. The firm’s fifty day moving average is GBX 724.48 and its 200 day moving average is GBX 821.11. The company has a current ratio of 1.03, a quick ratio of 0.88 and a debt-to-equity ratio of 121.18.

About VP

(Get Rating)

Vp plc provides equipment rental and associated services in the United Kingdom and internationally. It operates through UK Forks, Brandon Hire Station, ESS, Groundforce, TPA, MEP Hire, Torrent Trackside, Airpac Rentals, and TR Group businesses. The UK Forks business engages in the rental of telescopic handlers and tracked access platforms use for construction and housebuilding sites.

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