Volvere (LON:VLE) Announces Quarterly Earnings Results

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

Volvere Stock Down 5.0%

Shares of VLE stock traded down GBX 109 on Wednesday, reaching GBX 2,051. 103,978 shares of the company were exchanged, compared to its average volume of 3,450. The company has a market cap of £44.92 million, a price-to-earnings ratio of 10.86 and a beta of 0.61. The company has a 50-day moving average of GBX 2,114.06 and a 200-day moving average of GBX 2,378.74. The company has a debt-to-equity ratio of 2.95, a current ratio of 5.82 and a quick ratio of 5.49. Volvere has a one year low of GBX 1,916 and a one year high of GBX 2,800.

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.