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VP (LON:VP) Shares Pass Below 200 Day Moving Average - Here's What Happened

VP logo with Industrials background

Vp plc (LON:VP - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 567.70 ($7.54) and traded as low as GBX 562 ($7.47). VP shares last traded at GBX 600 ($7.97), with a volume of 224,888 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank lowered their price target on shares of VP from GBX 950 ($12.62) to GBX 905 ($12.02) and set a "buy" rating for the company in a report on Tuesday, April 15th.

View Our Latest Research Report on VP

VP Stock Down 0.3%

The stock's fifty day moving average is GBX 541.42 and its 200 day moving average is GBX 567.44. The company has a current ratio of 1.48, a quick ratio of 1.08 and a debt-to-equity ratio of 135.10. The company has a market capitalization of £235.98 million, a P/E ratio of -43.87 and a beta of 0.75.

VP Company Profile

(Get Free Report)

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.

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