Victoria (LON:VCP) Stock Price Down 11.4% - Here's Why

Victoria PLC (LON:VCP - Get Free Report) fell 11.4% during trading on Monday . The stock traded as low as GBX 63.50 ($0.80) and last traded at GBX 64.70 ($0.81). 4,099,786 shares changed hands during mid-day trading, an increase of 471% from the average session volume of 717,629 shares. The stock had previously closed at GBX 73 ($0.92).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank dropped their price target on shares of Victoria from GBX 300 ($3.76) to GBX 170 ($2.13) and set a "buy" rating on the stock in a research note on Tuesday, October 15th.

Victoria Stock Down 11.4 %

The firm has a 50-day moving average of GBX 67.13 and a two-hundred day moving average of GBX 121.70. The firm has a market cap of £73.52 million, a price-to-earnings ratio of -68.83 and a beta of 0.98. The company has a current ratio of 1.43, a quick ratio of 0.79 and a debt-to-equity ratio of 1,494.32.

Insider Activity at Victoria

In other Victoria news, insider Philippe Hamers purchased 200,000 shares of the firm's stock in a transaction that occurred on Monday, December 9th. The shares were acquired at an average cost of GBX 40 ($0.50) per share, for a total transaction of £80,000 ($100,376.41). 35.37% of the stock is currently owned by insiders.

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.