Jeremy F. G. Pilkington Purchases 100,000 Shares of Vp plc (LON:VP) Stock

Vp plc (LON:VP) insider Jeremy F. G. Pilkington bought 100,000 shares of the company’s stock in a transaction dated Wednesday, January 15th. The stock was bought at an average cost of GBX 568 ($6.95) per share, with a total value of £568,000 ($694,971.25).

VP Stock Up 3.6 %

VP stock traded up GBX 20 ($0.24) during trading hours on Friday, hitting GBX 570 ($6.97). The stock had a trading volume of 2,026 shares, compared to its average volume of 390. The stock’s 50-day moving average price is GBX 573.10 and its 200-day moving average price is GBX 625.35. Vp plc has a 12-month low of GBX 460 ($5.63) and a 12-month high of GBX 745 ($9.12). The company has a quick ratio of 1.08, a current ratio of 1.05 and a debt-to-equity ratio of 126.29. The stock has a market capitalization of £224.92 million, a P/E ratio of -4,384.62 and a beta of 0.75.

VP Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, January 15th. Stockholders of record on Thursday, December 5th were paid a GBX 11.50 ($0.14) dividend. This represents a dividend yield of 2.02%. The ex-dividend date of this dividend was Thursday, December 5th. VP’s dividend payout ratio is currently -30,000.00%.

Wall Street Analyst Weigh In

Separately, Berenberg Bank restated a “buy” rating and set a GBX 950 ($11.62) price target on shares of VP in a research report on Friday, October 4th.

VP Company Profile

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.