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

Shares of Vp plc (LON:VP) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 557.26 and traded as low as GBX 478. VP shares last traded at GBX 500, with a volume of 14,809 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Peel Hunt restated a “buy” rating and issued a GBX 700 price target 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, VP presently has an average rating of “Buy” and a consensus target price of GBX 753.33.

VP Price Performance

The company has a debt-to-equity ratio of 135.10, a current ratio of 1.48 and a quick ratio of 1.08. The stock has a market capitalization of £197.31 million, a price-to-earnings ratio of -36.68 and a beta of 0.75. The company has a 50-day simple moving average of GBX 528.06 and a two-hundred day simple moving average of GBX 557.26.

VP (LON:VP) last announced its quarterly earnings results on Thursday, November 27th. The company reported GBX 33 earnings per share (EPS) for the quarter. VP had a negative net margin of 1.46% and a negative return on equity of 3.50%. On average, equities research analysts predict that Vp plc will post 72.7728984 earnings per share for the current year.

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.