VP (LON:VP) Stock Price Crosses Below 200-Day Moving Average – Should You Sell?

Posted by Grant Hamersma on Jan 5th, 2025

Shares of Vp plc (LON:VP – Get Free Report) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 633.61 ($7.87) and traded as low as GBX 550 ($6.83). VP shares last traded at GBX 550 ($6.83), with a volume of 3,327 shares traded.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 950 ($11.80) price target on shares of VP in a research report on Friday, October 4th.

Read Our Latest Report on VP

VP Stock Up 1.8 %

The company’s fifty day simple moving average is GBX 580.65 and its 200 day simple moving average is GBX 633.61. The company has a quick ratio of 1.08, a current ratio of 1.05 and a debt-to-equity ratio of 126.29. The firm has a market capitalization of £220.98 million, a PE ratio of -4,307.69 and a beta of 0.75.

VP Cuts Dividend

The business also recently declared a dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Thursday, December 5th will be given a GBX 11.50 ($0.14) dividend. The ex-dividend date is Thursday, December 5th. This represents a dividend yield of 2.02%. VP’s dividend payout ratio is currently -30,000.00%.

VP Company Profile

(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.