Van Elle (LON:VANL) Share Price Passes Below 50-Day Moving Average – Should You Sell?

Van Elle Holdings plc (LON:VANLGet Free Report)’s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 38.13 ($0.46) and traded as low as GBX 37 ($0.45). Van Elle shares last traded at GBX 39.75 ($0.48), with a volume of 3,262,282 shares traded.

Van Elle Trading Up 6.0 %

The firm has a market cap of £42.43 million, a P/E ratio of 993.75 and a beta of 0.96. The company’s 50 day simple moving average is GBX 38.13 and its 200-day simple moving average is GBX 39.69. 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

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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.

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