Urmi Prasad Richardson Buys 100 Shares of Victrex plc (LON:VCT) Stock

Victrex plc (LON:VCT - Get Free Report) insider Urmi Prasad Richardson bought 100 shares of the firm's stock in a transaction dated Friday, March 21st. The stock was acquired at an average cost of GBX 958 ($12.33) per share, with a total value of £958 ($1,233.42).

Victrex Stock Down 5.2 %

VCT stock traded down GBX 49 ($0.63) during midday trading on Thursday, reaching GBX 886 ($11.41). The company had a trading volume of 8,933,870 shares, compared to its average volume of 701,902. The company has a 50 day moving average of GBX 976.06 and a two-hundred day moving average of GBX 965.19. The company has a current ratio of 4.39, a quick ratio of 1.99 and a debt-to-equity ratio of 10.93. Victrex plc has a 1 year low of GBX 816 ($10.51) and a 1 year high of GBX 1,368 ($17.61). The company has a market capitalization of £772.88 million, a P/E ratio of 25.17, a PEG ratio of 1.92 and a beta of 0.69.

Victrex (LON:VCT - Get Free Report) last released its quarterly earnings data on Tuesday, December 24th. The company reported GBX 51.70 ($0.67) earnings per share (EPS) for the quarter. Victrex had a return on equity of 6.67% and a net margin of 10.81%. On average, equities research analysts expect that Victrex plc will post 73.1078905 earnings per share for the current fiscal year.

Victrex Increases Dividend

The company also recently declared a dividend, which was paid on Friday, February 21st. Stockholders of record on Thursday, January 23rd were issued a dividend of GBX 46.14 ($0.59) per share. This represents a dividend yield of 5.26%. This is a positive change from Victrex's previous dividend of $13.42. The ex-dividend date of this dividend was Thursday, January 23rd. Victrex's payout ratio is currently 170.47%.

Analysts Set New Price Targets

Separately, Berenberg Bank decreased their price objective on Victrex from GBX 1,290 ($16.61) to GBX 1,170 ($15.06) and set a "hold" rating for the company in a research report on Wednesday, December 4th.

Victrex Company Profile

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.