Victoria (LON:VCP) Shares Pass Below 200-Day Moving Average - Here's Why

Shares of Victoria PLC (LON:VCP - Get Free Report) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 167.39 ($2.17) and traded as low as GBX 108 ($1.40). Victoria shares last traded at GBX 112.20 ($1.46), with a volume of 94,043 shares changing hands.

Analyst Ratings Changes

Separately, Berenberg Bank reduced their price target on shares of Victoria from GBX 300 ($3.89) to GBX 170 ($2.20) and set a "buy" rating for the company in a research report on Tuesday, October 15th.

Victoria Stock Performance

The firm's 50-day moving average is GBX 129.79 and its 200 day moving average is GBX 166.43. The stock has a market cap of £113.06 million, a PE ratio of -105.85 and a beta of 0.98. The company has a debt-to-equity ratio of 1,494.32, a quick ratio of 0.79 and a current ratio of 1.43.

About Victoria

Victoria PLC, together with its subsidiaries, designs, manufactures, and distributes flooring products primarily in the United Kingdom, Spain, Italy, the Netherlands, Germany, Belgium, Turkey, the United States, and Australia. The company operates through four segments: UK & Europe Soft Flooring, UK & Europe Ceramic Tiles, Australia, and North America.