Volvere (LON:VLE) Announces Earnings Results

by · The Markets Daily

Volvere (LON:VLE – Get Free Report) released its quarterly earnings data on Wednesday. The company reported GBX 21.86 earnings per share for the quarter, Digital Look Earnings reports. Volvere had a net margin of 7.90% and a return on equity of 9.96%.

Volvere Trading Down 6.5%

LON:VLE opened at GBX 2,020 on Wednesday. The company’s 50 day moving average price is GBX 2,114.06 and its 200-day moving average price is GBX 2,378.74. Volvere has a 52 week low of GBX 1,916 and a 52 week high of GBX 2,800. The company has a quick ratio of 5.49, a current ratio of 5.82 and a debt-to-equity ratio of 2.95. The stock has a market cap of £44.24 million, a price-to-earnings ratio of 10.69 and a beta of 0.61.

About Volvere

(Get Free Report)

Volvere plc is a private equity and venture capital firm specializing in distressed/vulture, growth capital, acquisitions, emerging growth and turnaround investments. The firm prefers to invest in companies that are in distress and prefers undervalued or under-performing assets. The firm invests in the security solutions, food manufacturing. It invests across the world. The firm prefers companies that fit strategically with an existing portfolio investment. It prefers to invest up to $20 million in equity per transaction and minimum target sales value of $10 million.

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