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Victrex (OTCMKTS:VTXPF) Reaches New 52-Week Low - Time to Sell?

Victrex logo with Basic Materials background

Shares of Victrex plc (OTCMKTS:VTXPF - Get Free Report) reached a new 52-week low during trading on Friday . The company traded as low as $10.26 and last traded at $10.26, with a volume of 0 shares trading hands. The stock had previously closed at $10.26.

Analyst Upgrades and Downgrades

Separately, Citigroup raised Victrex to a "hold" rating in a report on Friday, October 4th.

Read Our Latest Analysis on VTXPF

Victrex Stock Performance

The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.14 and a current ratio of 5.30. The business has a 50-day moving average price of $12.45 and a two-hundred day moving average price of $13.61.

About Victrex

(Get Free Report)

Victrex plc, through its subsidiaries, engages in the manufacture and sale of polymer solutions worldwide. The company operates through two segments, Sustainable Solutions and Medical. It develops PEEK and PAEK based polymer solutions, and semi-finished and finished parts. The company also provides specialist solutions for medical device manufacturers; sells thermoplastic polymers; sustainable solutions for energy and industrial, VAR, automotive, aerospace, and electronics markets; and engages in trading activities.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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