VP (LON:VP) Insider Richard Smith Purchases 10,000 Shares

Vp plc (LON:VP) insider Richard Smith acquired 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was purchased at an average cost of GBX 486 per share, with a total value of £48,600.

VP Price Performance

Shares of LON:VP opened at GBX 480 on Friday. The company’s fifty day moving average is GBX 522.44 and its two-hundred day moving average is GBX 553.36. The company has a market cap of £189.41 million, a P/E ratio of -35.22 and a beta of 0.75. Vp plc has a 12-month low of GBX 460 and a 12-month high of GBX 745. The company has a quick ratio of 1.08, a current ratio of 1.14 and a debt-to-equity ratio of 166.22.

Analysts Set New Price Targets

Separately, Peel Hunt restated a “buy” rating and set a GBX 700 price objective on shares of VP in a research report on Friday, December 19th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of GBX 753.33.

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. It also rents excavation support systems and specialist products to the water, civil engineering, and construction industries; provides portable roadways and temporary access solutions to customers in the transmission, construction, rail, and outdoor events markets; offers mechanical and electrical press fittings, and low level access platforms to the construction, fit out, mechanical, and electrical markets; and supplies rail infrastructure portable plants and related trackside services to Network Rail and London Underground, as well as their appointed track renewal, maintenance, and project contractors.