Victrex (OTCMKTS:VTXPF) Sets New 52-Week Low – Should You Sell?

Victrex plc (OTCMKTS:VTXPF) shares reached a new 52-week low during trading on Friday . The company traded as low as $10.26 and last traded at $10.26, with a volume of 0 shares. The stock had previously closed at $10.26.

Analysts Set New Price Targets

Separately, Citigroup raised Victrex to a “hold” rating in a research report on Friday, October 4th.

Victrex Price Performance

The company has a quick ratio of 2.14, a current ratio of 5.30 and a debt-to-equity ratio of 0.15. The company has a fifty day moving average price of $12.45 and a two-hundred day moving average price of $13.61.

About Victrex

Victrex plc, through its subsidiaries, engages in the manufacture and sale of polymer solutions worldwide. The company operates through two segments, Sustainable Solutions and Medical. It develops PEEK and PAEK based polymer solutions, and semi-finished and finished parts. The company also provides specialist solutions for medical device manufacturers; sells thermoplastic polymers; sustainable solutions for energy and industrial, VAR, automotive, aerospace, and electronics markets; and engages in trading activities.