Van Elle (LON:VANL) Stock Price Down 2.6% – Here’s What Happened

Shares of Van Elle Holdings plc (LON:VANL) dropped 2.6% on Monday . The stock traded as low as GBX 37.33 ($0.47) and last traded at GBX 38 ($0.48). Approximately 99,444 shares traded hands during mid-day trading, a decline of 53% from the average daily volume of 212,956 shares. The stock had previously closed at GBX 39 ($0.49).

Van Elle Stock Performance

The firm has a market cap of £40.56 million, a PE ratio of 950.00 and a beta of 0.96. The company has a 50-day simple moving average of GBX 39.50 and a two-hundred day simple moving average of GBX 39.67. The company has a quick ratio of 1.28, a current ratio of 1.44 and a debt-to-equity ratio of 14.50.

About Van Elle

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.