Victoria (LON:VCP) Trading Down 7.8% – Should You Sell?

Victoria PLC (LON:VCP)’s share price fell 7.8% during mid-day trading on Wednesday . The stock traded as low as GBX 100 ($1.23) and last traded at GBX 104 ($1.28). 5,697,807 shares changed hands during trading, an increase of 22% from the average session volume of 4,684,959 shares. The stock had previously closed at GBX 112.80 ($1.39).

Wall Street Analyst Weigh In

Separately, Berenberg Bank lowered their price target on shares of Victoria from GBX 300 ($3.69) to GBX 170 ($2.09) and set a “buy” rating on the stock in a report on Tuesday, October 15th.

Victoria Trading Up 7.2 %

The company has a current ratio of 1.43, a quick ratio of 0.79 and a debt-to-equity ratio of 1,494.32. The firm has a market cap of £141.34 million, a PE ratio of -132.33 and a beta of 0.98. The company has a 50-day simple moving average of GBX 64.11 and a 200 day simple moving average of GBX 116.95.

Insider Activity at Victoria

In related news, insider Gavin Petken bought 28,147 shares of the stock in a transaction on Tuesday, December 31st. The stock was bought at an average price of GBX 71 ($0.87) per share, with a total value of £19,984.37 ($24,590.09). Also, insider Philippe Hamers bought 200,000 shares of the company’s stock in a transaction that occurred on Monday, December 9th. The stock was bought at an average price of GBX 40 ($0.49) per share, with a total value of £80,000 ($98,437.31). 35.37% of the stock is owned by company insiders.

Victoria Company Profile

Established in 1895 and listed since 1963 and on AIM since 2013 (VCP.L), Victoria PLC, is an international manufacturer and distributor of innovative flooring products. The Company, which is headquartered in Worcester, UK, designs, manufactures and distributes a range of carpet, flooring underlay, ceramic tiles, LVT (luxury vinyl tile), artificial grass and flooring accessories.

Victoria has operations in the UK, Spain, Italy, Belgium, the Netherlands, Germany, Turkey, the USA, and Australia and employs approximately 6,750 people across 30 sites.