Volvere (LON:VLE) Releases Quarterly Earnings Results

Volvere (LON:VLE) released its quarterly earnings results on Wednesday. The company reported GBX 21.86 earnings per share (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 Trading Down 6.5%

Shares of Volvere stock opened at GBX 2,020 on Wednesday. The stock 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 fifty-two week low of GBX 1,916 and a fifty-two week 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 firm has a market capitalization of £44.24 million, a price-to-earnings ratio of 10.69 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.