VP (LON:VP) Share Price Crosses Below 200 Day Moving Average – Should You Sell?

Vp plc (LON:VP)’s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 603.09 ($7.77) and traded as low as GBX 530 ($6.83). VP shares last traded at GBX 530 ($6.83), with a volume of 9,901 shares.

VP Stock Down 5.8 %

The company has a market cap of £209.14 million, a P/E ratio of -38.88 and a beta of 0.75. The company has a quick ratio of 1.08, a current ratio of 1.48 and a debt-to-equity ratio of 135.10. The business’s 50 day moving average is GBX 576.45 and its 200 day moving average is GBX 603.09.

Insider Buying and Selling

In related news, insider Jeremy F. G. Pilkington acquired 2,500 shares of the company’s stock in a transaction dated Tuesday, January 21st. The shares were purchased at an average cost of GBX 600 ($7.73) per share, with a total value of £15,000 ($19,334.88). 57.50% of the stock is currently owned by 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.