VP (LON:VP) Stock Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

Vp plc (LON:VP)’s stock price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 650.71 ($8.44) and traded as low as GBX 590 ($7.65). VP shares last traded at GBX 590 ($7.65), with a volume of 12,092 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 950 ($12.32) target price on shares of VP in a report on Friday, October 4th.

VP Stock Performance

The stock’s 50-day moving average is GBX 643.55 and its 200-day moving average is GBX 650.71. The stock has a market cap of £233.80 million, a price-to-earnings ratio of -4,538.46 and a beta of 0.75. The company has a current ratio of 1.05, a quick ratio of 1.08 and a debt-to-equity ratio of 126.29.

Insider Buying and Selling at VP

In related news, insider Keith Winstanley purchased 2,981 shares of the firm’s stock in a transaction dated Tuesday, August 13th. The stock was acquired at an average price of GBX 671 ($8.70) per share, with a total value of £20,002.51 ($25,940.23). 57.50% of the stock is owned by corporate insiders.

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.