Volvere (LON:VLE) Posts Earnings Results

Volvere (LON:VLE) announced its earnings results 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 Price Performance

Shares of VLE opened at GBX 2,160 on Friday. The firm’s 50-day simple moving average is GBX 2,110.29 and its two-hundred day simple moving average is GBX 2,369.80. The stock has a market cap of £47.30 million, a PE ratio of 11.44 and a beta of 0.61. Volvere has a fifty-two week low of GBX 1,916 and a fifty-two week high of GBX 2,800. The company has a debt-to-equity ratio of 2.95, a quick ratio of 5.49 and a current ratio of 5.82.

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.