Van Elle (LON:VANL) Trading 11.5% Higher

Van Elle Holdings plc (LON:VANL)’s stock price was up 11.5% during trading on Friday . The stock traded as high as GBX 40 ($0.51) and last traded at GBX 39.70 ($0.51). Approximately 1,877,867 shares changed hands during trading, an increase of 1,766% from the average daily volume of 100,662 shares. The stock had previously closed at GBX 35.60 ($0.46).

Van Elle Trading Up 11.0 %

The company has a market cap of £42.16 million, a P/E ratio of 1,324.67 and a beta of 0.90. The company has a current ratio of 1.52, a quick ratio of 1.28 and a debt-to-equity ratio of 13.98. The business has a 50 day moving average price of GBX 36.69 and a 200-day moving average price of GBX 37.14.

Insider Buying and Selling at Van Elle

In related news, insider Frank Nelson acquired 50,000 shares of Van Elle stock in a transaction on Friday, June 14th. The stock was purchased at an average cost of GBX 37 ($0.47) per share, with a total value of £18,500 ($23,696.68). Corporate insiders own 8.90% 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.