VP (LON:VP) Stock Price Crosses Below 200 Day Moving Average of $563.37

Shares of Vp plc (LON:VP) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 563.37 ($6.96) and traded as low as GBX 542.23 ($6.70). VP shares last traded at GBX 580 ($7.16), with a volume of 238,327 shares traded.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank dropped their price objective on VP from GBX 1,040 ($12.85) to GBX 950 ($11.73) and set a “buy” rating for the company in a research report on Tuesday, April 16th.

VP Trading Up 8.6 %

The business has a fifty day simple moving average of GBX 540.81 and a 200-day simple moving average of GBX 563.37. The company has a debt-to-equity ratio of 115.40, a quick ratio of 1.08 and a current ratio of 0.76. The firm has a market cap of £252.95 million, a price-to-earnings ratio of 966.67 and a beta of 0.82.

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.