Peel Hunt upgraded shares of Van Elle (LON:VANL) to an add rating in a research report released on Monday, ThisIsMoney.Co.Uk reports.

Shares of LON VANL remained flat at $GBX 46.50 ($0.61) during mid-day trading on Monday. The company had a trading volume of 5,528 shares, compared to its average volume of 82,203. The company has a debt-to-equity ratio of 36.19, a current ratio of 1.56 and a quick ratio of 1.44. The company has a market capitalization of $37.20 million and a price-to-earnings ratio of 7.50. Van Elle has a 1 year low of GBX 41 ($0.54) and a 1 year high of GBX 95 ($1.24). The firm’s 50-day moving average is GBX 53.65.

About Van Elle

Van Elle Holdings plc, together with its subsidiaries, provides ground engineering services in the United Kingdom. The company offers a range of services, such as auger displacement piling, cased continuous flight auger piling, continuous flight auger piling, design, drilled piling, drilling and grouting, driven piling, foundation testing, ground investigation, rail sheet piling, specialist piling, rock bolt and netting, rotary bored piling, screw piling, and precast modular foundation services, as well as precast modular signal, gantry, and OLE foundation services; specialist on-track rail, restricted access, and highway GI Services; and services in the areas of geothermal boreholes, and ground anchors and soil nails.

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