Volvere (LON:VLE) Posts Quarterly Earnings Results

Volvere (LON:VLE) posted its quarterly earnings results on Friday. The company reported GBX 188.89 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Volvere had a net margin of 8.46% and a return on equity of 10.95%. The firm had revenue of GBX 5,270 million during the quarter.

Volvere Price Performance

LON:VLE traded down GBX 40 during mid-day trading on Friday, hitting GBX 2,600. The company’s stock had a trading volume of 137,920 shares, compared to its average volume of 3,631. Volvere has a fifty-two week low of GBX 1,924 and a fifty-two week high of GBX 2,800. The company has a current ratio of 6.26, a quick ratio of 5.49 and a debt-to-equity ratio of 2.49. The company has a market capitalization of £57.20 million, a price-to-earnings ratio of 13.47 and a beta of 0.60. The stock has a fifty day moving average of GBX 2,610.26 and a 200-day moving average of GBX 2,545.24.

About Volvere

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.