Vp plc (LON:VP) Insider Acquires £568,000 in Stock

Vp plc (LON:VP) insider Jeremy F. G. Pilkington acquired 100,000 shares of VP stock in a transaction dated Wednesday, January 15th. The stock was bought at an average price of GBX 568 ($6.91) per share, with a total value of £568,000 ($690,829.48).

VP Trading Up 9.1 %

Shares of VP opened at GBX 600 ($7.30) on Monday. Vp plc has a twelve month low of GBX 460 ($5.59) and a twelve month high of GBX 745 ($9.06). The company has a current ratio of 1.05, a quick ratio of 1.08 and a debt-to-equity ratio of 126.29. The company’s fifty day simple moving average is GBX 571.90 and its 200-day simple moving average is GBX 623.12. The company has a market cap of £236.76 million, a P/E ratio of -4,615.38 and a beta of 0.75.

VP Cuts Dividend

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

Wall Street Analyst Weigh In

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 950 ($11.55) target price on shares of VP in a research note on Friday, October 4th.

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.