Victoria (LON:VCP) Shares Cross Below 200 Day Moving Average - Time to Sell?

Victoria PLC (LON:VCP - Get Free Report) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 123.94 ($1.56) and traded as low as GBX 62 ($0.78). Victoria shares last traded at GBX 65.80 ($0.83), with a volume of 1,219,399 shares traded.

Analyst Ratings Changes

Separately, Berenberg Bank dropped their price target on Victoria from GBX 300 ($3.78) to GBX 170 ($2.14) and set a "buy" rating on the stock in a research note on Tuesday, October 15th.

Victoria Trading Up 10.9 %

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. The company has a market cap of £82.95 million, a price-to-earnings ratio of -77.66 and a beta of 0.98. The company's fifty day moving average is GBX 68.86 and its two-hundred day moving average is GBX 123.16.

Insider Activity

In other news, insider Philippe Hamers acquired 200,000 shares of the firm's stock in a transaction on Monday, December 9th. The stock was acquired at an average price of GBX 40 ($0.50) per share, for a total transaction of £80,000 ($100,666.92). Insiders own 35.37% of the company's stock.

Victoria Company Profile

Established in 1895 and listed since 1963 and on AIM since 2013 (VCP.L), Victoria PLC, is an international manufacturer and distributor of innovative flooring products. The Company, which is headquartered in Worcester, UK, designs, manufactures and distributes a range of carpet, flooring underlay, ceramic tiles, LVT (luxury vinyl tile), artificial grass and flooring accessories. Victoria has operations in the UK, Spain, Italy, Belgium, the Netherlands, Germany, Turkey, the USA, and Australia and employs approximately 6,750 people across 30 sites.