Victorian Plumbing Group (LON:VIC) Sets New 12-Month High – Time to Buy?

Victorian Plumbing Group plc (LON:VIC)’s share price hit a new 52-week high during trading on Thursday . The stock traded as high as GBX 112.50 ($1.47) and last traded at GBX 112.50 ($1.47), with a volume of 39164 shares changing hands. The stock had previously closed at GBX 110.50 ($1.44).

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on VIC shares. Shore Capital reaffirmed a “not rated” rating on shares of Victorian Plumbing Group in a research report on Tuesday. Canaccord Genuity Group restated a “buy” rating and issued a GBX 132 ($1.72) price objective on shares of Victorian Plumbing Group in a report on Tuesday.

Victorian Plumbing Group Trading Down 1.8 %

The stock has a 50-day moving average of GBX 101.95 and a two-hundred day moving average of GBX 92.06. The company has a market cap of £359.90 million, a P/E ratio of 2,762.50, a price-to-earnings-growth 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.

Insider Transactions at Victorian Plumbing Group

In other news, insider Mark Radcliffe sold 2,700,000 shares of Victorian Plumbing Group stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of GBX 100 ($1.31), for a total value of £2,700,000 ($3,525,724.73). Insiders own 62.35% of the company’s stock.

Victorian Plumbing Group Company Profile

Victorian Plumbing Group plc operates as an online retailer of bathroom products and accessories in the United Kingdom. The company was incorporated in 2021 and is headquartered in Skelmersdale, the United Kingdom.