Van Elle (LON:VANL) Shares Cross Below 50-Day Moving Average – Time to Sell?

Van Elle Holdings plc (LON:VANL) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 38.23 ($0.49) and traded as low as GBX 38 ($0.49). Van Elle shares last traded at GBX 39 ($0.50), with a volume of 367,780 shares.

Van Elle Stock Performance

The company has a market capitalization of £42.11 million, a price-to-earnings ratio of 9.85 and a beta of 0.96. The stock has a fifty day moving average price of GBX 38.23 and a two-hundred day moving average price of GBX 39.62. The company has a quick ratio of 1.28, a current ratio of 1.44 and a debt-to-equity ratio of 14.50.

Van Elle (LON:VANL) last released its quarterly earnings results on Wednesday, January 29th. The company reported GBX 1.30 ($0.02) earnings per share for the quarter. Van Elle had a return on equity of 8.12% and a net margin of 3.02%. As a group, analysts forecast that Van Elle Holdings plc will post 4.198895 EPS for the current fiscal year.

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.