Van Elle (LON:VANL) Stock Price Up 1.4% – Time to Buy?

Shares of Van Elle Holdings plc (LON:VANL) shot up 1.4% during trading on Thursday . The company traded as high as GBX 37 and last traded at GBX 36. 1,160,490 shares changed hands during trading, an increase of 206% from the average session volume of 379,262 shares. The stock had previously closed at GBX 35.50.

Van Elle Price Performance

The company has a 50 day moving average price of GBX 34.93 and a 200-day moving average price of GBX 37.28. The company has a market cap of £39.35 million, a price-to-earnings ratio of 21.39 and a beta of 0.96. The company has a quick ratio of 1.28, a current ratio of 1.44 and a debt-to-equity ratio of 14.50.

About Van Elle

Van Elle Holdings is the UK’s largest and most diverse specialist geotechnical engineering contractor. The Company provides a range of ground engineering techniques and services including ground investigation; general and specialist piling, rail geotechnical engineering, modular foundations and ground improvement and stabilisation services. Van Elle operates through three divisions: General Piling, Specialist Piling and Ground Engineering and is focused on three end markets; residential and housing, infrastructure and regional construction across which the Group has completed more than 20,000 projects over the last 35 years.

General Piling provides a range of larger piling and ground engineering solutions for open-site construction projects; Specialist Piling provides a range of geotechnical solutions in operationally constrained environments including on-track rail applications; and Ground Engineering Services offers a range of ground investigation and geotechnical services and modular foundation solutions such as Smartfoot®.