Victoria (LON:VCP) Stock Price Down 8.9% – Time to Sell?

Victoria PLC (LON:VCP) shares were down 8.9% during trading on Thursday . The stock traded as low as GBX 65 and last traded at GBX 66.90. Approximately 491,598 shares traded hands during trading, an increase of 4% from the average session volume of 471,135 shares. The stock had previously closed at GBX 73.40.

Analyst Ratings Changes

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 60 price target on shares of Victoria in a report on Wednesday. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, Victoria currently has an average rating of “Buy” and a consensus target price of GBX 60.

Victoria Trading Up 5.8%

The company has a quick ratio of 0.79, a current ratio of 1.52 and a debt-to-equity ratio of -317.63. The company has a market cap of £81.67 million, a P/E ratio of 0.03 and a beta of 0.43. The business has a 50-day moving average price of GBX 44.90 and a two-hundred day moving average price of GBX 35.87.

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.