Van Elle (LON:VANL) Sets New 12-Month High – Here’s Why

Van Elle Holdings plc (LON:VANL)’s share price reached a new 52-week high on Wednesday . The company traded as high as GBX 52 and last traded at GBX 51.01, with a volume of 114252 shares traded. The stock had previously closed at GBX 51.50.

Van Elle Price Performance

The company has a current ratio of 1.72, a quick ratio of 1.28 and a debt-to-equity ratio of 24.29. The company has a market capitalization of £55.19 million, a PE ratio of 127.53 and a beta of 0.76. The stock’s 50-day moving average is GBX 45.86 and its two-hundred day moving average is GBX 39.38.

Insider Transactions at Van Elle

In other news, insider Mark Cutler sold 189,803 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of GBX 51, for a total transaction of £96,799.53. Also, insider Graeme Campbell sold 109,843 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of GBX 51, for a total transaction of £56,019.93. 14.85% of the stock is owned by corporate insiders.

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. Van Elle operates through three divisions: General Piling, Specialist Piling and Ground Engineering and is focused on three end markets; residential and housing, infrastructure and regional construction across which the Group has completed more than 20,000 projects over the last 35 years.

General Piling provides a range of larger piling and ground engineering solutions for open-site construction projects; Specialist Piling provides a range of geotechnical solutions in operationally constrained environments including on-track rail applications; and Ground Engineering Services offers a range of ground investigation and geotechnical services and modular foundation solutions such as Smartfoot®.