Volvere (LON:VLE) Announces Quarterly Earnings Results

Volvere (LON:VLE) released its quarterly earnings data on Friday. The company reported GBX 188.89 earnings per share for the quarter, Digital Look Earnings reports. Volvere had a return on equity of 10.95% and a net margin of 8.46%.The business had revenue of GBX 5,270 million during the quarter.

Volvere Stock Down 1.5%

Shares of LON:VLE opened at GBX 2,600 on Friday. Volvere has a 52-week low of GBX 1,924 and a 52-week high of GBX 2,800. The firm has a market capitalization of £57.20 million, a P/E ratio of 13.47 and a beta of 0.60. The stock has a 50 day moving average price of GBX 2,612.38 and a 200-day moving average price of GBX 2,545.63. The company has a debt-to-equity ratio of 2.49, a quick ratio of 5.49 and a current ratio of 6.26.

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.