Van Elle (LON:VANL) Hits New 52-Week High – Time to Buy?

Van Elle Holdings plc (LON:VANL)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 52 and last traded at GBX 52, with a volume of 45862 shares changing hands. The stock had previously closed at GBX 51.

Van Elle Stock Performance

The stock has a market cap of £56.26 million, a price-to-earnings ratio of 130.00 and a beta of 0.76. The company has a debt-to-equity ratio of 24.29, a quick ratio of 1.28 and a current ratio of 1.72. The company’s 50 day simple moving average is GBX 47.63 and its 200 day simple moving average is GBX 39.98.

Insider Activity

In other Van Elle news, insider Mark Cutler sold 189,803 shares of the firm’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of GBX 51, for a total transaction of £96,799.53. Also, insider Graeme Campbell sold 109,843 shares of the firm’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of GBX 51, for a total transaction of £56,019.93. 14.96% of the stock is currently owned by company insiders.

Van Elle Company Profile

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®.