Van Elle (LON:VANL) Sets New 52-Week High – Here’s What Happened

Van Elle Holdings plc (LON:VANL)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 52 and last traded at GBX 51.01, with a volume of 114252 shares trading hands. The stock had previously closed at GBX 51.50.

Van Elle Stock Down 0.3%

The stock has a 50 day moving average price of GBX 46.92 and a 200-day moving average price of GBX 39.74. The stock has a market capitalization of £55.56 million, a P/E ratio of 128.36 and a beta of 0.76. The company has a debt-to-equity ratio of 24.29, a current ratio of 1.72 and a quick ratio of 1.28.

Insider Buying and Selling

In related news, insider Graeme Campbell sold 109,843 shares of Van Elle stock in a transaction on Monday, May 11th. The shares were sold at an average price of GBX 51, for a total value of £56,019.93. Also, insider Mark Cutler sold 189,803 shares of the company’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of GBX 51, for a total transaction of £96,799.53. Corporate insiders own 14.85% of the company’s stock.

About Van Elle

Van Elle Holdings is the UK’s largest and most diverse specialist geotechnical engineering contractor. The Company provides a range of ground engineering techniques and services including ground investigation; general and specialist piling, rail geotechnical engineering, modular foundations and ground improvement and stabilisation services. Van Elle operates through three divisions: General Piling, Specialist Piling and Ground Engineering and is focused on three end markets; residential and housing, infrastructure and regional construction across which the Group has completed more than 20,000 projects over the last 35 years.

General Piling provides a range of larger piling and ground engineering solutions for open-site construction projects; Specialist Piling provides a range of geotechnical solutions in operationally constrained environments including on-track rail applications; and Ground Engineering Services offers a range of ground investigation and geotechnical services and modular foundation solutions such as Smartfoot®.