VP (LON:VP) Share Price Crosses Below 200 Day Moving Average – Time to Sell?

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 569.58 ($7.55) and traded as low as GBX 529.50 ($7.02). VP shares last traded at GBX 542 ($7.18), with a volume of 13,591 shares.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reduced their price objective on shares of VP from GBX 950 ($12.59) to GBX 905 ($11.99) and set a “buy” rating on the stock in a research report on Tuesday, April 15th.

VP Stock Performance

The firm has a market cap of £213.88 million, a PE ratio of -39.76 and a beta of 0.75. The company has a quick ratio of 1.08, a current ratio of 1.48 and a debt-to-equity ratio of 135.10. The business has a 50 day simple moving average of GBX 541.34 and a two-hundred day simple moving average of GBX 569.58.

About VP

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.