VP (LON:VP) Stock Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

Vp plc (LON:VP)’s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 650.71 ($8.44) and traded as low as GBX 590 ($7.65). VP shares last traded at GBX 590 ($7.65), with a volume of 12,092 shares changing hands.

Analyst Ratings Changes

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 950 ($12.32) target price on shares of VP in a research report on Friday, October 4th.

VP Trading Up 0.4 %

The stock has a market capitalization of £233.80 million, a price-to-earnings ratio of -4,538.46 and a beta of 0.75. The company’s 50-day moving average is GBX 643.55 and its 200-day moving average is GBX 650.71. The company has a quick ratio of 1.08, a current ratio of 1.05 and a debt-to-equity ratio of 126.29.

Insider Buying and Selling

In other VP news, insider Keith Winstanley purchased 2,981 shares of VP stock in a transaction that occurred on Tuesday, August 13th. The stock was purchased at an average price of GBX 671 ($8.70) per share, for a total transaction of £20,002.51 ($25,940.23). 57.50% of the stock is owned by insiders.

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.