Volvere (LON:VLE) Issues Quarterly Earnings Results

Volvere (LON:VLEGet Free Report) announced its quarterly earnings data on Wednesday. The company reported GBX 21.86 earnings per share for the quarter, Digital Look Earnings reports. Volvere had a net margin of 7.90% and a return on equity of 9.96%.

Volvere Stock Down 4.4%

LON:VLE traded down GBX 94.40 during mid-day trading on Wednesday, reaching GBX 2,065.60. The stock had a trading volume of 109,379 shares, compared to its average volume of 3,481. The company has a market capitalization of £45.24 million, a price-to-earnings ratio of 10.94 and a beta of 0.61. Volvere has a 1-year low of GBX 1,916 and a 1-year high of GBX 2,800. The stock’s 50 day simple moving average is GBX 2,114.06 and its two-hundred day simple moving average is GBX 2,378.74. The company has a debt-to-equity ratio of 2.95, a current ratio of 5.82 and a quick ratio of 5.49.

Volvere Company Profile

(Get Free Report)

Volvere plc is a private equity and venture capital firm specializing in distressed/vulture, growth capital, acquisitions, emerging growth and turnaround investments. The firm prefers to invest in companies that are in distress and prefers undervalued or under-performing assets. The firm invests in the security solutions, food manufacturing. It invests across the world. The firm prefers companies that fit strategically with an existing portfolio investment. It prefers to invest up to $20 million in equity per transaction and minimum target sales value of $10 million.

Further Reading

Earnings History for Volvere (LON:VLE)

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