Volvere (LON:VLE) Releases Quarterly Earnings Results

Volvere (LON:VLE) announced its quarterly earnings data on Wednesday. The company reported GBX 21.86 earnings per share for the quarter, Digital Look Earnings reports. Volvere had a return on equity of 9.96% and a net margin of 7.90%.

Volvere Stock Up 2.8%

Volvere stock traded up GBX 60 on Friday, hitting GBX 2,200. 62,648 shares of the stock traded hands, compared to its average volume of 3,356. Volvere has a 1 year low of GBX 1,916 and a 1 year high of GBX 2,800. The business’s fifty day simple moving average is GBX 2,110.29 and its 200 day simple moving average is GBX 2,369.80. The company has a current ratio of 5.82, a quick ratio of 5.49 and a debt-to-equity ratio of 2.95. The firm has a market cap of £48.18 million, a P/E ratio of 11.65 and a beta of 0.61.

Volvere Company Profile

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.