Victorian Plumbing Group (LON:VIC) Shares Down 0.2% - Here's What Happened

Victorian Plumbing Group plc (LON:VIC - Get Free Report) shares traded down 0.2% during trading on Wednesday . The company traded as low as GBX 89.60 ($1.16) and last traded at GBX 91 ($1.18). 414,676 shares were traded during trading, a decline of 36% from the average session volume of 647,227 shares. The stock had previously closed at GBX 91.20 ($1.18).

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Shore Capital reaffirmed a "buy" rating on shares of Victorian Plumbing Group in a research note on Tuesday, February 25th. Canaccord Genuity Group restated a "buy" rating and set a GBX 132 ($1.70) price target on shares of Victorian Plumbing Group in a research note on Tuesday, February 25th.

Victorian Plumbing Group Price Performance

The company has a 50-day moving average of GBX 96.88 and a 200 day moving average of GBX 103.29. The company has a debt-to-equity ratio of 88.15, a quick ratio of 1.05 and a current ratio of 1.07. The firm has a market cap of £313.27 million, a P/E ratio of 56.98, a P/E/G ratio of 0.51 and a beta of 1.03.

Victorian Plumbing Group (LON:VIC - Get Free Report) last released its earnings results on Wednesday, January 15th. The company reported GBX 1.80 ($0.02) EPS for the quarter. Victorian Plumbing Group had a return on equity of 10.60% and a net margin of 1.86%. On average, sell-side analysts anticipate that Victorian Plumbing Group plc will post 5.980995 EPS for the current year.

Victorian Plumbing Group Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 7th. Investors of record on Thursday, February 6th were issued a dividend of GBX 1.09 ($0.01) per share. The ex-dividend date was Thursday, February 6th. This represents a yield of 1.14%. This is a boost from Victorian Plumbing Group's previous dividend of $0.52. Victorian Plumbing Group's payout ratio is currently 61.27%.

About Victorian Plumbing Group

Victorian Plumbing is the UK's leading bathroom retailer, offering a wide range of over 34,000 products to B2C and trade customers. Victorian Plumbing offers its customers a one-stop shop solution for the entire bathroom with more than 130 own and third party brands across a wide spectrum of price points. The Group's product design and supply chain strengths are complemented by its creative and brand-focused marketing strategy, which predominantly focuses on online channels to drive significant and growing traffic to its website. Headquartered in Skelmersdale, the Group employs over 600 staff across ten locations in Lancashire, Manchester and Birmingham.