Van Elle (LON:VANL) Sets New 12-Month High – Here’s Why

Van Elle Holdings plc (LON:VANL)’s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 52 and last traded at GBX 51.01, with a volume of 114252 shares traded. The stock had previously closed at GBX 51.50.

Van Elle Trading Down 1.0%

The company has a market capitalization of £55.19 million, a PE ratio of 127.53 and a beta of 0.76. The company’s fifty day moving average is GBX 45.86 and its 200-day moving average is GBX 39.38. The company has a debt-to-equity ratio of 24.29, a current ratio of 1.72 and a quick ratio of 1.28.

Insider Activity at Van Elle

In related news, insider Graeme Campbell sold 109,843 shares of Van Elle stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of GBX 51, for a total transaction of £56,019.93. Also, insider Mark Cutler sold 189,803 shares of Van Elle stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of GBX 51, for a total transaction of £96,799.53. Company insiders own 14.85% of the company’s stock.

About Van Elle

Van Elle Holdings is the UK’s largest and most diverse specialist geotechnical engineering contractor. The Company provides a range of ground engineering techniques and services including ground investigation; general and specialist piling, rail geotechnical engineering, modular foundations and ground improvement and stabilisation services. Van Elle operates through three divisions: General Piling, Specialist Piling and Ground Engineering and is focused on three end markets; residential and housing, infrastructure and regional construction across which the Group has completed more than 20,000 projects over the last 35 years.

General Piling provides a range of larger piling and ground engineering solutions for open-site construction projects; Specialist Piling provides a range of geotechnical solutions in operationally constrained environments including on-track rail applications; and Ground Engineering Services offers a range of ground investigation and geotechnical services and modular foundation solutions such as Smartfoot®.