VP (LON:VP) Shares Cross Below 200-Day Moving Average of $900.82

Shares of Vp plc (LON:VPGet Rating) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 900.82 ($11.04) and traded as low as GBX 860 ($10.54). VP shares last traded at GBX 861 ($10.55), with a volume of 5 shares traded.

Analysts Set New Price Targets

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 1,310 ($16.05) price objective on shares of VP in a research note on Friday, April 8th.

VP Trading Up 0.6 %

The firm has a market capitalization of £347.33 million and a price-to-earnings ratio of 1,343.75. The company has a fifty day moving average price of GBX 879.08 and a two-hundred day moving average price of GBX 900.27. The company has a current ratio of 1.03, a quick ratio of 0.88 and a debt-to-equity ratio of 121.18.

VP Increases Dividend

The company also recently declared a dividend, which was paid on Friday, August 5th. Stockholders of record on Thursday, June 23rd were given a dividend of GBX 25.50 ($0.31) per share. This represents a dividend yield of 2.71%. The ex-dividend date of this dividend was Thursday, June 23rd. This is a positive change from VP’s previous dividend of $10.50. VP’s payout ratio is presently 5,625.00%.

About VP

(Get Rating)

Vp plc provides equipment rental and associated services in the United Kingdom and internationally. It operates through UK Forks, Brandon Hire Station, ESS, Groundforce, TPA, MEP Hire, Torrent Trackside, Airpac Rentals, and TR Group businesses. The UK Forks business engages in the rental of telescopic handlers and tracked access platforms use for construction and housebuilding sites.

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