Jakob Sigurdsson Acquires 9,000 Shares of Victrex plc (LON:VCT) Stock

Victrex plc (LON:VCT) insider Jakob Sigurdsson purchased 9,000 shares of the company’s stock in a transaction that occurred on Thursday, August 1st. The shares were acquired at an average cost of GBX 1,090 ($14.02) per share, for a total transaction of £98,100 ($126,189.86).

Jakob Sigurdsson also recently made the following trade(s):

• On Friday, July 5th, Jakob Sigurdsson purchased 3,000 shares of Victrex stock. The shares were acquired at an average cost of GBX 1,189 ($15.29) per share, for a total transaction of £35,670 ($45,883.71).
• On Friday, May 31st, Jakob Sigurdsson purchased 3,000 shares of Victrex stock. The shares were acquired at an average cost of GBX 1,259 ($16.20) per share, for a total transaction of £37,770 ($48,585.03).
• On Tuesday, May 14th, Jakob Sigurdsson purchased 3,000 shares of Victrex stock. The shares were acquired at an average cost of GBX 1,312 ($16.88) per share, for a total transaction of £39,360 ($50,630.31).

Victrex Stock Down 3.3 %

LON:VCT opened at GBX 1,052 ($13.53) on Friday. The firm has a market capitalization of £915.56 million, a price-to-earnings ratio of 3,005.71, a PEG ratio of 1.92 and a beta of 0.76. Victrex plc has a 1-year low of GBX 1,052 ($13.53) and a 1-year high of GBX 1,581 ($20.34). The company has a current ratio of 5.30, a quick ratio of 1.99 and a debt-to-equity ratio of 16.99. The business’s fifty day moving average price is GBX 1,165.61 and its 200 day moving average price is GBX 1,257.75.

Victrex Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, June 28th. Investors of record on Thursday, May 30th were given a dividend of GBX 13.42 ($0.17) per share. This represents a yield of 1.05%. The ex-dividend date was Thursday, May 30th. Victrex’s payout ratio is 17,142.86%.

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.