Posted by admin on Jun 21st, 2022
Victoria plc (LON:VCP – Get Rating)’s share price passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 597.62 ($7.32) and traded as low as GBX 427 ($5.23). Victoria shares last traded at GBX 462 ($5.66), with a volume of 249,313 shares changing hands.
Separately, Berenberg Bank restated a “buy” rating and issued a GBX 1,280 ($15.68) price objective on shares of Victoria in a research note on Tuesday, May 17th.
The company has a current ratio of 1.79, a quick ratio of 1.09 and a debt-to-equity ratio of 421.29. The firm has a market cap of £540.44 million and a PE ratio of 154.00. The stock has a fifty day simple moving average of GBX 597.62 and a two-hundred day simple moving average of GBX 839.
In related news, insider Philippe Hamers bought 1,082 shares of Victoria stock in a transaction on Tuesday, May 10th. The stock was acquired at an average price of GBX 596 ($7.30) per share, with a total value of £6,448.72 ($7,898.97).
Victoria plc, together with its subsidiaries, designs, manufactures, and distributes flooring products primarily in the United Kingdom, Spain, the Republic of Ireland, Italy, the Netherlands, Belgium, rest of Europe, and Australia. It offers a range of wool and synthetic broadloom carpets, ceramic and porcelain tiles, flooring underlays, luxury vinyl tiles (LVT), hardwood flooring products, artificial grass, carpet tiles, and flooring accessories, as well as markets and distributes LVT and hardwood flooring products.
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