Victoria PLC (LON:VCP - Get Free Report)'s share price traded up 11.3% during trading on Thursday . The company traded as high as GBX 58.62 ($0.73) and last traded at GBX 58.55 ($0.73). 2,636,112 shares traded hands during mid-day trading, an increase of 290% from the average session volume of 676,035 shares. The stock had previously closed at GBX 52.60 ($0.66).
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank lowered their price target on shares of Victoria from GBX 300 ($3.75) to GBX 170 ($2.12) and set a "buy" rating for the company in a report on Tuesday, October 15th.
Read Our Latest Analysis on Victoria
Victoria Stock Performance
The stock has a fifty day simple moving average of GBX 75.76 and a two-hundred day simple moving average of GBX 128.44. 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 stock has a market capitalization of £70.45 million, a price-to-earnings ratio of -65.96 and a beta of 0.98.
Insider Activity
In related news, insider Philippe Hamers purchased 200,000 shares of Victoria stock in a transaction that occurred on Monday, December 9th. The stock was bought at an average price of GBX 40 ($0.50) per share, for a total transaction of £80,000 ($99,987.50). Corporate insiders own 35.37% of the company's stock.
About Victoria
(
Get Free Report)
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.
Further Reading
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