VP (LON:VP) Trading Down 3.3%

Vp plc (LON:VP)’s stock price was down 3.3% during mid-day trading on Thursday . The company traded as low as GBX 840 ($10.98) and last traded at GBX 840 ($10.98), approximately 4,265 shares were traded during mid-day trading. An increase of 16% from the average daily volume of 3,663 shares. The stock had previously closed at GBX 869 ($11.36).

Separately, Peel Hunt reissued a “buy” rating on shares of Polar Capital in a research note on Monday, June 3rd.

The business has a 50 day moving average price of GBX 846.98. The company has a quick ratio of 0.98, a current ratio of 1.16 and a debt-to-equity ratio of 116.91. The firm has a market capitalization of $333.28 million and a PE ratio of 13.03.

The company also recently disclosed a dividend, which will be paid on Thursday, August 8th. Stockholders of record on Thursday, June 27th will be paid a GBX 22 ($0.29) dividend. This is a positive change from VP’s previous dividend of $8.20. This represents a dividend yield of 2.7%. The ex-dividend date of this dividend is Thursday, June 27th. VP’s payout ratio is currently 0.47%.

VP Company Profile (LON:VP)

Vp plc provides equipment rental and associated services in the United Kingdom and internationally. It operates through Hire Station, Torrent Trackside, Groundforce, TPA, UK Forks, Airpac Bukom, and TR Group businesses. The Hire Station business engages in the rental of small tools; and climate, lifting, safety, survey, and press fitting equipment to the industry and construction markets, as well as homeowners.

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