Volvere (LON:VLE) Announces Quarterly Earnings Results

Volvere (LON:VLE) released 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 Price Performance

VLE traded down GBX 104 during trading on Wednesday, reaching GBX 2,056. The stock had a trading volume of 107,651 shares, compared to its average volume of 3,471. The business has a 50-day moving average of GBX 2,114.06 and a 200-day moving average of GBX 2,378.74. Volvere has a one year low of GBX 1,916 and a one year high of GBX 2,800. The company has a debt-to-equity ratio of 2.95, a quick ratio of 5.49 and a current ratio of 5.82. The stock has a market cap of £45.03 million, a PE ratio of 10.88 and a beta of 0.61.

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.