Victorian Plumbing Group (LON:VIC) Trading Down 5.7% – Time to Sell?

Shares of Victorian Plumbing Group plc (LON:VIC) were down 5.7% on Monday . The stock traded as low as GBX 90 ($1.10) and last traded at GBX 92 ($1.13). Approximately 121,392 shares traded hands during mid-day trading, a decline of 85% from the average daily volume of 789,745 shares. The stock had previously closed at GBX 97.57 ($1.19).

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on VIC shares. Shore Capital reaffirmed a “buy” rating on shares of Victorian Plumbing Group in a research report on Thursday, November 21st. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 132 ($1.62) price target on shares of Victorian Plumbing Group in a report on Tuesday, October 15th.

Victorian Plumbing Group Price Performance

The stock has a market capitalization of £309.42 million, a P/E ratio of 2,375.00, a PEG ratio of 0.51 and a beta of 1.03. The company has a debt-to-equity ratio of 89.32, a quick ratio of 1.05 and a current ratio of 1.57. The firm has a fifty day moving average price of GBX 106.32 and a two-hundred day moving average price of GBX 102.15.

About Victorian Plumbing Group

Victorian Plumbing is the UK’s leading bathroom retailer, offering a wide range of over 34,000 products to B2C and trade customers. Victorian Plumbing offers its customers a one-stop shop solution for the entire bathroom with more than 130 own and third party brands across a wide spectrum of price points.

The Group’s product design and supply chain strengths are complemented by its creative and brand-focused marketing strategy, which predominantly focuses on online channels to drive significant and growing traffic to its website.

Headquartered in Skelmersdale, the Group employs over 600 staff across ten locations in Lancashire, Manchester and Birmingham.