Victoria (LON:VCP) Stock Price Down 7.8% - Time to Sell?

Victoria PLC (LON:VCP - Get Free Report) shares traded down 7.8% during mid-day trading on Wednesday . The stock traded as low as GBX 100 ($1.25) and last traded at GBX 104 ($1.30). 5,697,807 shares changed hands during trading, an increase of 22% from the average session volume of 4,684,959 shares. The stock had previously closed at GBX 112.80 ($1.41).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank dropped their price target on Victoria from GBX 300 ($3.74) to GBX 170 ($2.12) and set a "buy" rating for the company in a research note on Tuesday, October 15th.

Victoria Trading Up 0.4 %

The business's 50 day simple moving average is GBX 63.86 and its two-hundred day simple moving average is GBX 117.86. The stock has a market cap of £128.63 million, a P/E ratio of -120.43 and a beta of 0.98. The company has a quick ratio of 0.79, a current ratio of 1.43 and a debt-to-equity ratio of 1,494.32.

Insider Buying and Selling at Victoria

In other news, insider Philippe Hamers purchased 200,000 shares of the business's stock in a transaction on Monday, December 9th. The shares were acquired at an average price of GBX 40 ($0.50) per share, with a total value of £80,000 ($99,800.40). Also, insider Gavin Petken purchased 28,147 shares of the company's stock in a transaction on Tuesday, December 31st. The stock was acquired at an average cost of GBX 71 ($0.89) per share, for a total transaction of £19,984.37 ($24,930.60). Corporate insiders own 35.37% of the company's stock.

About Victoria

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.