Victoria PLC (LON:VCP - Get Free Report)'s stock price shot up 13.6% on Friday . The stock traded as high as GBX 75.20 ($0.95) and last traded at GBX 74.72 ($0.94). 2,071,202 shares changed hands during trading, an increase of 194% from the average session volume of 703,794 shares. The stock had previously closed at GBX 65.80 ($0.83).
Analyst Ratings Changes
Separately, Berenberg Bank lowered their price target on Victoria from GBX 300 ($3.78) to GBX 170 ($2.14) and set a "buy" rating for the company in a research report on Tuesday, October 15th.
Read Our Latest Stock Report on Victoria
Victoria Stock Up 10.9 %
The company has a debt-to-equity ratio of 1,494.32, a current ratio of 1.43 and a quick ratio of 0.79. The company has a 50-day simple moving average of GBX 68.86 and a 200-day simple moving average of GBX 123.16. The firm has a market cap of £82.95 million, a PE ratio of -77.66 and a beta of 0.98.
Insider Activity at Victoria
In related news, insider Philippe Hamers acquired 200,000 shares of the firm's 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 ($100,666.92). 35.37% of the stock is owned by company insiders.
About Victoria
(
Get Free Report)
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.
Further Reading
Before you consider Victoria, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Victoria wasn't on the list.
While Victoria currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Keep reading to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
