VP (LON:VP) Releases Quarterly Earnings Results

VP (LON:VP - Get Free Report) announced its quarterly earnings results on Wednesday. The company reported GBX 67.30 ($0.91) EPS for the quarter, Digital Look Earnings reports. VP had a negative net margin of 1.46% and a negative return on equity of 3.50%.

VP Price Performance

VP stock traded up GBX 18 ($0.24) during mid-day trading on Thursday, hitting GBX 614 ($8.32). The company had a trading volume of 27,071 shares, compared to its average volume of 390. The company has a market capitalization of £242.29 million, a price-to-earnings ratio of -45.05 and a beta of 0.75. The company has a 50-day moving average price of GBX 565.31 and a 200 day moving average price of GBX 566.38. The company has a quick ratio of 1.08, a current ratio of 1.48 and a debt-to-equity ratio of 135.10. VP has a 12-month low of GBX 460 ($6.24) and a 12-month high of GBX 745 ($10.10).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank dropped their target price on VP from GBX 950 ($12.88) to GBX 905 ($12.27) and set a "buy" rating on the stock in a research report on Tuesday, April 15th.

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.