Victoria (LON:VCP) Stock Price Down 11.9% – What’s Next?

Victoria PLC (LON:VCP) dropped 11.9% during mid-day trading on Thursday . The company traded as low as GBX 81.05 ($1.05) and last traded at GBX 82.20 ($1.06). Approximately 1,016,790 shares changed hands during mid-day trading, a decline of 30% from the average daily volume of 1,452,412 shares. The stock had previously closed at GBX 93.30 ($1.21).

Victoria Stock Up 19.1 %

The business’s 50-day moving average price is GBX 112.63 and its 200-day moving average price is GBX 103.69. The company has a quick ratio of 0.79, a current ratio of 1.43 and a debt-to-equity ratio of -4,210.81. The firm has a market capitalization of £121.34 million, a PE ratio of -1.13 and a beta of 0.98.

Insider Activity at Victoria

In other Victoria news, insider Gavin Petken acquired 28,147 shares of the business’s stock in a transaction that occurred on Tuesday, December 31st. The shares were purchased at an average price of GBX 71 ($0.92) per share, with a total value of £19,984.37 ($25,829.61). Also, insider Philippe Hamers purchased 200,000 shares of the company’s stock in a transaction dated Monday, December 9th. The stock was purchased at an average cost of GBX 40 ($0.52) per share, for a total transaction of £80,000 ($103,399.25). Insiders own 35.37% of the company’s stock.

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.