Victoria (LON:VCP) Stock Price Down 7% - Should You Sell?

Shares of Victoria PLC (LON:VCP - Get Free Report) fell 7% during mid-day trading on Thursday . The stock traded as low as GBX 55.10 ($0.70) and last traded at GBX 57.45 ($0.73). 5,736,980 shares traded hands during trading, an increase of 1,067% from the average session volume of 491,727 shares. The stock had previously closed at GBX 61.80 ($0.78).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank dropped their target price on shares of Victoria from GBX 300 ($3.80) to GBX 170 ($2.15) and set a "buy" rating for the company in a report on Tuesday, October 15th.

Victoria Trading Down 15.4 %

The business has a 50-day moving average of GBX 82.26 and a 200-day moving average of GBX 133.30. The stock has a market capitalization of £59.43 million, a price-to-earnings ratio of -55.64 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.

Insider Buying and Selling at Victoria

In other news, insider Philippe Hamers acquired 200,000 shares of the stock in a transaction that occurred on Monday, December 9th. The shares were purchased at an average cost of GBX 40 ($0.51) per share, for a total transaction of £80,000 ($101,407.02). 35.37% of the stock is currently owned by company insiders.

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.