Insider Buying: Vp plc (LON:VP) Insider Buys 100,000 Shares of Stock

Vp plc (LON:VP) insider Jeremy F. G. Pilkington bought 100,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 15th. The shares were purchased at an average cost of GBX 568 ($6.95) per share, for a total transaction of £568,000 ($694,971.25).

VP Trading Up 3.6 %

Shares of LON VP traded up GBX 20 ($0.24) during mid-day trading on Friday, hitting GBX 570 ($6.97). The stock had a trading volume of 2,026 shares, compared to its average volume of 390. The firm has a market cap of £224.92 million, a P/E ratio of -4,384.62 and a beta of 0.75. The company has a debt-to-equity ratio of 126.29, a quick ratio of 1.08 and a current ratio of 1.05. The business has a 50 day moving average price of GBX 573.10 and a two-hundred day moving average price of GBX 625.35. Vp plc has a 1 year low of GBX 460 ($5.63) and a 1 year high of GBX 745 ($9.12).

VP Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, January 15th. Shareholders of record on Thursday, December 5th were given a GBX 11.50 ($0.14) dividend. This represents a dividend yield of 2.02%. The ex-dividend date of this dividend was Thursday, December 5th. VP’s payout ratio is -30,000.00%.

Analyst Ratings Changes

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 950 ($11.62) target price on shares of VP in a research note on Friday, October 4th.

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.