Van Elle (LON:VANL) Stock Price Down 4.1%

Van Elle Holdings plc (LON:VANL)’s share price dropped 4.1% during trading on Wednesday . The stock traded as low as GBX 35.15 ($0.44) and last traded at GBX 35.50 ($0.44). Approximately 52,932 shares changed hands during trading, a decline of 12% from the average daily volume of 60,415 shares. The stock had previously closed at GBX 37 ($0.46).

Van Elle Stock Performance

The firm has a 50 day moving average price of GBX 37.43 and a 200 day moving average price of GBX 38.23. The company has a quick ratio of 1.28, a current ratio of 1.52 and a debt-to-equity ratio of 13.98. The stock has a market cap of £37.30 million, a PE ratio of 1,166.67 and a beta of 0.93.

Van Elle Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, March 15th. Shareholders of record on Thursday, February 22nd were paid a GBX 0.40 ($0.00) dividend. The ex-dividend date was Thursday, February 22nd. This represents a yield of 1.04%. Van Elle’s dividend payout ratio (DPR) is presently 3,333.33%.

About Van Elle

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.