Volvere (LON:VLE) Issues Earnings Results

Volvere (LON:VLE) posted its earnings results on Wednesday. The company reported GBX 21.86 EPS for the quarter, Digital Look Earnings reports. Volvere had a net margin of 5.61% and a return on equity of 6.56%.

Volvere Stock Up 0.9%

Shares of LON VLE traded up GBX 20 during midday trading on Friday, reaching GBX 2,160. 19,100 shares of the company’s stock traded hands, compared to its average volume of 3,112. The company has a quick ratio of 5.49, a current ratio of 7.27 and a debt-to-equity ratio of 3.59. The stock’s 50 day simple moving average is GBX 2,110.03 and its 200-day simple moving average is GBX 2,368.33. Volvere has a one year low of GBX 1,916 and a one year high of GBX 2,800. The company has a market cap of £47.30 million, a price-to-earnings ratio of 11.44 and a beta of 0.61.

About Volvere

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.