Van Elle (LON:VANL) Trading 1.2% Higher

Van Elle Holdings plc (LON:VANL)’s share price was up 1.2% during trading on Friday . The stock traded as high as GBX 42 ($0.55) and last traded at GBX 41.50 ($0.54). Approximately 341,129 shares traded hands during trading, an increase of 72% from the average daily volume of 198,531 shares. The stock had previously closed at GBX 41 ($0.54).

Van Elle Price Performance

The company has a 50-day moving average of GBX 40.80 and a 200 day moving average of GBX 38.04. The firm has a market cap of £44.30 million, a P/E ratio of 1,037.50 and a beta of 0.96. The company has a debt-to-equity ratio of 14.50, a quick ratio of 1.28 and a current ratio of 1.44.

Van Elle Increases Dividend

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

Insider Transactions at Van Elle

In other news, insider Graeme Campbell acquired 25,000 shares of the company’s stock in a transaction dated Monday, July 29th. The stock was bought at an average price of GBX 40 ($0.52) per share, with a total value of £10,000 ($13,077.02). 9.22% of the stock is owned by insiders.

Van Elle Company Profile

Van Elle Holdings plc, together with its subsidiaries, operates as a 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 various piling services, including augered, bored, drilled, rotary bored, continuous flight auger (CFA), sectional flight auger, cased CFA, driven, and restricted access and specialist piling services; and pile testing services comprising static and dynamic load, and pile integrity testing.