Shares of Vp plc (LON:VP – Get Free Report) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 511.45 and traded as low as GBX 463. VP shares last traded at GBX 490, with a volume of 8,075 shares.
Analyst Upgrades and Downgrades
Separately, Shore Capital Group reissued an “under review” rating on shares of VP in a research report on Friday, April 17th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of GBX 753.33.
Check Out Our Latest Analysis on VP
VP Trading Down 1.8%
Insiders Place Their Bets
In other VP news, insider Keith Winstanley bought 3,231 shares of VP stock in a transaction on Wednesday, March 18th. The stock was bought at an average price of GBX 464 per share, with a total value of £14,991.84. Also, insider Richard Smith bought 10,000 shares of the firm’s stock in a transaction on Tuesday, March 3rd. The shares were bought at an average price of GBX 486 per share, for a total transaction of £48,600. 57.50% of the stock is currently owned by company insiders.
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. It also rents excavation support systems and specialist products to the water, civil engineering, and construction industries; provides portable roadways and temporary access solutions to customers in the transmission, construction, rail, and outdoor events markets; offers mechanical and electrical press fittings, and low level access platforms to the construction, fit out, mechanical, and electrical markets; and supplies rail infrastructure portable plants and related trackside services to Network Rail and London Underground, as well as their appointed track renewal, maintenance, and project contractors.
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