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

Shares of Van Elle Holdings plc (LON:VANL) hit a new 52-week high during trading on Thursday . The stock traded as high as GBX 52 and last traded at GBX 52, with a volume of 1430381 shares. The stock had previously closed at GBX 51.

Van Elle Stock Up 2.0%

The firm has a fifty day moving average price of GBX 44.84 and a 200 day moving average price of GBX 39.04. The company has a quick ratio of 1.28, a current ratio of 1.72 and a debt-to-equity ratio of 24.29. The company has a market cap of £56.26 million, a P/E ratio of 130.00 and a beta of 0.76.

Insider Activity at Van Elle

In other news, insider Graeme Campbell sold 109,843 shares of the stock in a transaction on Monday, May 11th. The stock was sold at an average price of GBX 51, for a total transaction of £56,019.93. Insiders own 14.85% of the company’s stock.

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®.