Van Elle (LON:VANL) Trading 1.3% Higher – What’s Next?

Posted by Hanz Christensen on Oct 19th, 2024

Van Elle Holdings plc (LON:VANL – Get Free Report)’s share price was up 1.3% during mid-day trading on Wednesday . The company traded as high as GBX 39 ($0.51) and last traded at GBX 38 ($0.50). Approximately 181,419 shares were traded during mid-day trading, a decline of 6% from the average daily volume of 192,659 shares. The stock had previously closed at GBX 37.50 ($0.49).

Van Elle Stock Performance

The company has a current ratio of 1.44, a quick ratio of 1.28 and a debt-to-equity ratio of 14.50. The firm’s fifty day moving average is GBX 41.18 and its 200 day moving average is GBX 38.51. The company has a market cap of £42.70 million, a PE ratio of 1,011.25 and a beta of 0.96.

Van Elle Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, October 18th. Investors of record on Thursday, October 3rd will be given a dividend of GBX 0.80 ($0.01) per share. This represents a dividend yield of 1.93%. The ex-dividend date is Thursday, October 3rd. This is an increase from Van Elle’s previous dividend of $0.40. Van Elle’s dividend payout ratio is 2,500.00%.

Insider Buying and Selling

In other news, insider Graeme Campbell acquired 25,000 shares of Van Elle stock in a transaction that occurred on Monday, July 29th. The stock was purchased at an average cost of GBX 40 ($0.52) per share, with a total value of £10,000 ($13,058.24). 9.22% of the stock is currently owned by insiders.

Van Elle Company Profile

(Get Free Report)

Van Elle Holdings plc, together with its subsidiaries, operates as a geotechnical and ground engineering contractor in the United Kingdom. It operates through three segments: General Piling, Specialist Piling and Rail, and Ground Engineering Services. The company offers ground investigation solutions, including cable percussion and rotary drilling, dynamic sampling and probing, and engineering data and reporting; static load, dynamic, and pile integrity testing services; geotechnical engineering solutions, such as compaction, and drilling and bulk infill grouting; and slope stabilization solutions comprising retaining structures, ground anchors, soil nails, and rock bolts and netting solutions.