Victoria (LON:VCP) Shares Down 7% – Here’s What Happened

Victoria PLC (LON:VCP)’s stock price fell 7% during trading on Thursday . The company traded as low as GBX 55.10 ($0.70) and last traded at GBX 57.45 ($0.73). 5,736,980 shares changed hands during trading, an increase of 1,067% from the average session volume of 491,727 shares. The stock had previously closed at GBX 61.80 ($0.79).

Analyst Ratings Changes

Separately, Berenberg Bank decreased their price target on shares of Victoria from GBX 300 ($3.83) to GBX 170 ($2.17) and set a “buy” rating for the company in a research note on Tuesday, October 15th.

Victoria Stock Performance

The company has a current ratio of 1.43, a quick ratio of 0.79 and a debt-to-equity ratio of 1,494.32. The stock has a market cap of £65.09 million, a PE ratio of -65.74 and a beta of 0.98. The business’s 50-day moving average price is GBX 83.80 and its 200-day moving average price is GBX 134.51.

Insiders Place Their Bets

In other Victoria news, insider Philippe Hamers purchased 200,000 shares of the stock in a transaction on Monday, December 9th. The stock was acquired at an average price of GBX 40 ($0.51) per share, with a total value of £80,000 ($102,053.83). Corporate insiders own 35.37% of the company’s stock.

About Victoria

Victoria PLC, together with its subsidiaries, designs, manufactures, and distributes flooring products primarily in the United Kingdom, Spain, Italy, the Netherlands, Germany, Belgium, Turkey, the United States, and Australia. The company operates through four segments: UK & Europe Soft Flooring, UK & Europe Ceramic Tiles, Australia, and North America.