Van Elle (LON:VANL) Shares Pass Below 50 Day Moving Average – Time to Sell?

Van Elle Holdings plc (LON:VANL) shares 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 Stock Down 1.5 %

The firm has a market cap of £36.18 million, a P/E ratio of 8.46 and a beta of 0.96. The firm’s 50-day moving average price is GBX 37.41 and its 200 day moving average price is GBX 38.67. The company has a quick ratio of 1.28, a current ratio of 1.44 and a debt-to-equity ratio of 14.50.

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