Van Elle (LON:VANL) Stock Price Crosses Below 50 Day Moving Average of $41.53

Van Elle Holdings plc (LON:VANL) shares passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 41.53 ($0.55) and traded as low as GBX 41.06 ($0.54). Van Elle shares last traded at GBX 43 ($0.57), with a volume of 142,664 shares changing hands.

Van Elle Price Performance

The business has a fifty day simple moving average of GBX 41.53 and a 200-day simple moving average of GBX 38.19. The stock has a market capitalization of £45.90 million, a P/E ratio of 1,075.00 and a beta of 0.96. The company has a debt-to-equity ratio of 14.50, a quick ratio of 1.28 and a current ratio of 1.44.

Van Elle Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, October 18th. Shareholders of record on Thursday, October 3rd will be issued a GBX 0.80 ($0.01) dividend. This represents a yield of 1.93%. This is a boost from Van Elle’s previous dividend of $0.40. The ex-dividend date is Thursday, October 3rd. Van Elle’s dividend payout ratio (DPR) is presently 2,500.00%.

Insider Buying and Selling at Van Elle

In other news, insider Graeme Campbell bought 25,000 shares of Van Elle stock in a transaction dated Monday, July 29th. The stock was bought at an average cost of GBX 40 ($0.53) per share, for a total transaction of £10,000 ($13,210.04). Insiders own 9.22% of the company’s stock.

About Van Elle

Van Elle Holdings plc, together with its subsidiaries, operates as a ground engineering contractor in the United Kingdom. It operates through three segments: General Piling, Specialist Piling and Rail, and Ground Engineering Services. The company offers various piling services, including augered, bored, drilled, rotary bored, continuous flight auger (CFA), sectional flight auger, cased CFA, driven, and restricted access and specialist piling services; and pile testing services comprising static and dynamic load, and pile integrity testing.