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

Vp plc (LON:VP)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 591.51 ($7.64) and traded as low as GBX 537.80 ($6.94). VP shares last traded at GBX 565 ($7.30), with a volume of 2,318 shares changing hands.

VP Stock Down 4.4 %

The firm’s 50-day moving average price is GBX 575.50 and its 200 day moving average price is GBX 591.51. The company has a market capitalization of £213.09 million, a price-to-earnings ratio of -39.62 and a beta of 0.75. The company has a current ratio of 1.48, a quick ratio of 1.08 and a debt-to-equity ratio of 135.10.

Insider Activity

In related news, insider Jeremy F. G. Pilkington purchased 100,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 15th. The shares were bought at an average cost of GBX 568 ($7.33) per share, with a total value of £568,000 ($733,376.37). Corporate insiders own 57.50% of the company’s stock.

About VP

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.