Insider Buying: VP (LON:VP) Insider Acquires £48,600 in Stock

Vp plc (LON:VP) insider Richard Smith purchased 10,000 shares of the company’s stock in a transaction dated Tuesday, March 3rd. The stock was purchased at an average price of GBX 486 per share, with a total value of £48,600.

VP Trading Down 6.5%

LON:VP opened at GBX 449 on Friday. Vp plc has a 52-week low of GBX 460 and a 52-week high of GBX 745. The company has a quick ratio of 1.08, a current ratio of 1.14 and a debt-to-equity ratio of 166.22. The stock has a fifty day simple moving average of GBX 521.56 and a 200-day simple moving average of GBX 552.33. The company has a market capitalization of £177.18 million, a PE ratio of -32.94 and a beta of 0.32.

Analyst Ratings Changes

Separately, Peel Hunt reaffirmed a “buy” rating and issued a GBX 700 price target on shares of VP in a report on Friday, December 19th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of GBX 753.33.

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. 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.