Van Elle (LON:VANL) Stock Crosses Below Fifty Day Moving Average – Here’s Why

Shares of Van Elle Holdings plc (LON:VANL) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 37.41 ($0.48) and traded as low as GBX 33.50 ($0.43). Van Elle shares last traded at GBX 33.50 ($0.43), with a volume of 72,628 shares trading hands.

Van Elle Trading Down 1.5 %

The company has a quick ratio of 1.28, a current ratio of 1.44 and a debt-to-equity ratio of 14.50. The company has a 50-day moving average price of GBX 37.41 and a 200-day moving average price of GBX 38.67. The company has a market capitalization of £36.18 million, a price-to-earnings ratio of 8.46 and a beta of 0.96.

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

Van Elle Company Profile

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.