Van Elle (LON:VANL) Trading Up 4.8%

Van Elle Holdings plc (LON:VANL)’s share price rose 4.8% on Monday . The stock traded as high as GBX 45 ($0.58) and last traded at GBX 44 ($0.57). Approximately 296,902 shares changed hands during mid-day trading, an increase of 56% from the average daily volume of 189,977 shares. The stock had previously closed at GBX 42 ($0.55).

Van Elle Price Performance

The company has a 50 day moving average of GBX 38.83 and a 200-day moving average of GBX 37.58. The company has a debt-to-equity ratio of 14.50, a current ratio of 1.44 and a quick ratio of 1.28. The company has a market cap of £46.97 million, a P/E ratio of 1,100.00 and a beta of 0.94.

Van Elle Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, October 18th. Stockholders of record on Thursday, October 3rd will be given a dividend of GBX 0.80 ($0.01) per share. The ex-dividend date is Thursday, October 3rd. This represents a dividend yield of 1.93%. This is a boost from Van Elle’s previous dividend of $0.40. Van Elle’s dividend payout ratio (DPR) is 2,500.00%.

Insider Transactions at Van Elle

In other Van Elle news, insider Graeme Campbell purchased 25,000 shares of the firm’s stock in a transaction on Monday, July 29th. The shares were purchased at an average cost of GBX 40 ($0.52) per share, with a total value of £10,000 ($12,993.76). In related news, insider Frank Nelson bought 50,000 shares of the stock in a transaction dated Friday, June 14th. The stock was bought at an average price of GBX 37 ($0.48) per share, with a total value of £18,500 ($24,038.46). Also, insider Graeme Campbell purchased 25,000 shares of Van Elle stock in a transaction that occurred on Monday, July 29th. The shares were bought at an average price of GBX 40 ($0.52) per share, for a total transaction of £10,000 ($12,993.76). Company insiders own 9.22% of the company’s stock.

Van Elle Company Profile

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.