Victrex plc (LON:VCT - Get Free Report) insider Ian Melling acquired 2,000 shares of Victrex stock in a transaction that occurred on Friday, December 13th. The stock was acquired at an average price of GBX 1,135 ($14.40) per share, with a total value of £22,700 ($28,799.80).
Victrex Trading Down 0.7 %
Shares of VCT stock traded down GBX 8 ($0.10) during trading hours on Monday, reaching GBX 1,134 ($14.39). 346,400 shares of the stock were exchanged, compared to its average volume of 218,478. The firm has a market capitalization of £986.92 million, a price-to-earnings ratio of 3,240.00, a price-to-earnings-growth ratio of 1.92 and a beta of 0.69. Victrex plc has a 12-month low of GBX 816 ($10.35) and a 12-month high of GBX 1,575 ($19.98). The company's 50-day moving average price is GBX 919.34 and its 200-day moving average price is GBX 1,023.35. The company has a current ratio of 5.30, a quick ratio of 1.99 and a debt-to-equity ratio of 16.99.
Victrex Increases Dividend
The business also recently disclosed a dividend, which will be paid on Friday, February 21st. Investors of record on Thursday, January 23rd will be issued a dividend of GBX 46.14 ($0.59) per share. This is a positive change from Victrex's previous dividend of $13.42. The ex-dividend date of this dividend is Thursday, January 23rd. This represents a yield of 5.26%. Victrex's dividend payout ratio (DPR) is presently 17,142.86%.
Wall Street Analyst Weigh In
Separately, Berenberg Bank lowered their price target on shares of Victrex from GBX 1,290 ($16.37) to GBX 1,170 ($14.84) and set a "hold" rating on the stock in a report on Wednesday, December 4th.
Check Out Our Latest Analysis on VCT
Victrex Company Profile
(
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.
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