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VP (LON:VP) Shares Cross Above Fifty Day Moving Average - Here's What Happened

VP logo with Industrials background

Vp plc (LON:VP - Get Free Report) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 624.10 ($7.87) and traded as high as GBX 632.50 ($7.97). VP shares last traded at GBX 625 ($7.88), with a volume of 9,264 shares traded.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reaffirmed a "buy" rating and set a GBX 950 ($11.97) target price on shares of VP in a report on Friday, October 4th.

View Our Latest Research Report on VP

VP Trading Down 2.4 %

The firm's 50 day simple moving average is GBX 622.80 and its two-hundred day simple moving average is GBX 655.16. The stock has a market capitalization of £240.71 million, a P/E ratio of -4,692.31 and a beta of 0.75. The company has a quick ratio of 1.08, a current ratio of 1.05 and a debt-to-equity ratio of 126.29.

About VP

(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.

Further Reading

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