Victoria (LON:VCP) Stock Crosses Below 200-Day Moving Average – Here’s Why

Victoria PLC (LON:VCP) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 173.08 ($2.25) and traded as low as GBX 110.20 ($1.43). Victoria shares last traded at GBX 114 ($1.48), with a volume of 24,131 shares.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reduced their price objective on shares of Victoria from GBX 300 ($3.90) to GBX 170 ($2.21) and set a “buy” rating for the company in a research report on Tuesday, October 15th.

Victoria Price Performance

The stock has a fifty day moving average of GBX 134.65 and a two-hundred day moving average of GBX 171.92. The stock has a market cap of £125.22 million, a price-to-earnings ratio of -117.23 and a beta of 0.98. The company has a quick ratio of 0.79, a current ratio of 1.43 and a debt-to-equity ratio of 1,494.32.

About Victoria

Victoria PLC, together with its subsidiaries, designs, manufactures, and distributes flooring products primarily in the United Kingdom, Spain, Italy, the Netherlands, Germany, Belgium, Turkey, the United States, and Australia. The company operates through four segments: UK & Europe Soft Flooring, UK & Europe Ceramic Tiles, Australia, and North America.