Victorian Plumbing Group (LON:VIC) Stock Price Down 2.6% – Here’s What Happened

Victorian Plumbing Group plc (LON:VIC)’s share price was down 2.6% on Friday . The stock traded as low as GBX 111 ($1.40) and last traded at GBX 111 ($1.40). Approximately 155,079 shares changed hands during trading, a decline of 58% from the average daily volume of 371,375 shares. The stock had previously closed at GBX 114 ($1.44).

Analyst Ratings Changes

A number of research firms have issued reports on VIC. Shore Capital reissued a “not rated” rating on shares of Victorian Plumbing Group in a research report on Tuesday, October 15th. Canaccord Genuity Group restated a “buy” rating and issued a GBX 132 ($1.66) price target on shares of Victorian Plumbing Group in a research note on Tuesday, October 15th.

Victorian Plumbing Group Stock Down 2.6 %

The firm has a market cap of £361.53 million, a price-to-earnings ratio of 2,775.00, a PEG ratio of 0.51 and a beta of 1.03. The business has a fifty day simple moving average of GBX 107.95 and a 200 day simple moving average of GBX 96.97. The company has a debt-to-equity ratio of 89.32, a current ratio of 1.57 and a quick ratio of 1.05.

Insider Buying and Selling at Victorian Plumbing Group

In related news, insider Mark Radcliffe sold 2,700,000 shares of the company’s stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of GBX 100 ($1.26), for a total value of £2,700,000 ($3,402,646.50). 62.35% of the stock is currently owned by insiders.

About Victorian Plumbing Group

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.