Volvere (LON:VLE) Posts 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 net margin of 7.90% and a return on equity of 9.96%.

Volvere Stock Up 0.9%

LON VLE traded up GBX 20 during trading hours on Friday, hitting GBX 2,160. The company had a trading volume of 19,100 shares, compared to its average volume of 3,112. The firm’s 50 day moving average is GBX 2,110.29 and its 200 day moving average is GBX 2,369.80. 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 fifty-two week low of GBX 1,916 and a fifty-two week high of GBX 2,800. The company has a market capitalization of £47.30 million, a price-to-earnings ratio of 11.44 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.