Victrex (LON:VCT) Issues Quarterly Earnings Results

Victrex (LON:VCT) issued its quarterly earnings data on Monday. The company reported GBX 22.60 ($0.30) EPS for the quarter, Digital Look Earnings reports. Victrex had a net margin of 10.81% and a return on equity of 6.67%.

Victrex Price Performance

VCT opened at GBX 865 ($11.49) on Monday. The stock has a fifty day simple moving average of GBX 871.91 and a two-hundred day simple moving average of GBX 939.82. The company has a current ratio of 4.39, a quick ratio of 1.99 and a debt-to-equity ratio of 10.93. The company has a market cap of £754.56 million, a price-to-earnings ratio of 24.58, a price-to-earnings-growth ratio of 1.92 and a beta of 0.69. Victrex has a 12-month low of GBX 706 ($9.38) and a 12-month high of GBX 1,368 ($18.18).

Victrex Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, February 21st. Shareholders of record on Thursday, January 23rd were issued a GBX 46.14 ($0.61) dividend. This is an increase from Victrex’s previous dividend of $13.42. The ex-dividend date was Thursday, January 23rd. This represents a yield of 5.26%. Victrex’s dividend payout ratio is 170.47%.

Insider Buying and Selling

In other news, insider Urmi Prasad Richardson acquired 100 shares of Victrex stock in a transaction on Friday, March 21st. The stock was acquired at an average cost of GBX 958 ($12.73) per share, for a total transaction of £958 ($1,272.92). 1.64% of the stock is owned by company insiders.

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.