Vp plc (LON:VP) Insider Jeremy F. G. Pilkington Purchases 100,000 Shares of Stock

Vp plc (LON:VP) insider Jeremy F. G. Pilkington bought 100,000 shares of the company’s stock in a transaction that occurred on Wednesday, January 15th. The shares were bought at an average price of GBX 568 ($6.91) per share, for a total transaction of £568,000 ($691,081.64).

VP Stock Performance

Shares of VP opened at GBX 550 ($6.69) on Friday. The company has a market cap of £217.03 million, a PE ratio of -4,230.77 and a beta of 0.75. The firm has a 50-day moving average of GBX 571.90 and a 200-day moving average of GBX 624.30. Vp plc has a one year low of GBX 460 ($5.60) and a one year high of GBX 745 ($9.06). The company has a debt-to-equity ratio of 126.29, a current ratio of 1.05 and a quick ratio of 1.08.

VP Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, January 15th. Investors of record on Thursday, December 5th were issued a dividend of GBX 11.50 ($0.14) per share. This represents a yield of 2.02%. The ex-dividend date was Thursday, December 5th. VP’s payout ratio is currently -30,000.00%.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 950 ($11.56) price objective on shares of VP in a research note on Friday, October 4th.

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.