Key Points
- Richard Smith, an insider at VP, purchased 10,000 shares on March 3 at GBX 486 per share, a transaction worth £48,600.
- Analyst sentiment is positive: Peel Hunt reissued a Buy rating with a GBX 700 target, and the consensus rating is Buy with an average target of GBX 753.33.
- Company snapshot: market cap £189.41m, a negative P/E (-35.22) and high debt-to-equity (166.22), indicating elevated financial risk despite a recent ~4.3% share rise.
Vp plc (LON:VP - Get Free Report) insider Richard Smith purchased 10,000 shares of the business's stock in a transaction dated Tuesday, March 3rd. The shares were purchased at an average cost of GBX 486 per share, with a total value of £48,600.
VP Stock Up 4.3%
Shares of VP stock opened at GBX 480 on Friday. The firm has a market cap of £189.41 million, a price-to-earnings ratio of -35.22 and a beta of 0.75. The stock has a 50-day simple moving average of GBX 522.44 and a 200-day simple moving average of GBX 553.36. Vp plc has a 52-week low of GBX 460 and a 52-week high of GBX 745. The company has a debt-to-equity ratio of 166.22, a current ratio of 1.14 and a quick ratio of 1.08.
Analyst Ratings Changes
Separately, Peel Hunt reissued a "buy" rating and issued a GBX 700 target price on shares of VP in a research report on Friday, December 19th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat.com, VP currently has a consensus rating of "Buy" and an average target price of GBX 753.33.
View Our Latest Report on VP
VP Company Profile
(
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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. It also rents excavation support systems and specialist products to the water, civil engineering, and construction industries; provides portable roadways and temporary access solutions to customers in the transmission, construction, rail, and outdoor events markets; offers mechanical and electrical press fittings, and low level access platforms to the construction, fit out, mechanical, and electrical markets; and supplies rail infrastructure portable plants and related trackside services to Network Rail and London Underground, as well as their appointed track renewal, maintenance, and project contractors.
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