Insider Buying: Victoria (LON:VCP) Insider Buys £69,000 in Stock

Victoria PLC (LON:VCP) insider Geoff Wilding acquired 100,000 shares of the business’s stock in a transaction dated Friday, July 31st. The shares were purchased at an average price of GBX 69 per share, with a total value of £69,000.

Geoff Wilding also recently made the following trade(s):

• On Friday, July 24th, Geoff Wilding bought 150,000 shares of Victoria stock. The stock was purchased at an average cost of GBX 67 per share, for a total transaction of £100,500.

Victoria Price Performance

LON:VCP opened at GBX 63 on Thursday. The company has a current ratio of 1.45, a quick ratio of 0.79 and a debt-to-equity ratio of -174.85. The company has a market capitalization of £72.67 million, a P/E ratio of 0.02 and a beta of 0.43. Victoria PLC has a 12 month low of GBX 19.48 and a 12 month high of GBX 103.80. The business’s 50-day moving average is GBX 55.99 and its 200 day moving average is GBX 39.55.

Victoria (LON:VCP) last announced its quarterly earnings results on Friday, July 24th. The company reported GBX (51.98) EPS for the quarter. Victoria had a negative net margin of 31.11% and a positive return on equity of 61.64%. On average, equities research analysts forecast that Victoria PLC will post 15.8739255 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank lifted their price objective on shares of Victoria from GBX 60 to GBX 100 and gave the stock a “buy” rating in a research note on Friday, July 24th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of GBX 100.

About Victoria

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.