Philip Bowcock Sells 181,000 Shares of Victorian Plumbing Group plc (LON:VIC) Stock

Victorian Plumbing Group plc (LON:VIC) insider Philip Bowcock sold 181,000 shares of the stock in a transaction on Wednesday, July 2nd. The shares were sold at an average price of GBX 76 ($1.04), for a total value of £137,560 ($187,846.51).

Victorian Plumbing Group Price Performance

LON:VIC opened at GBX 75.80 ($1.04) on Thursday. The firm has a market capitalization of £255.33 million, a price-to-earnings ratio of 46.44, a PEG ratio of 0.51 and a beta of 1.03. Victorian Plumbing Group plc has a 1-year low of GBX 72.60 ($0.99) and a 1-year high of GBX 124 ($1.69). The company has a current ratio of 1.07, a quick ratio of 1.05 and a debt-to-equity ratio of 88.15. The business’s fifty day moving average price is GBX 84.22 and its 200 day moving average price is GBX 92.20.

Victorian Plumbing Group (LON:VIC) last released its earnings results on Wednesday, May 14th. The company reported GBX 1.90 ($0.03) earnings per share for the quarter. Victorian Plumbing Group had a return on equity of 10.60% and a net margin of 1.86%. On average, sell-side analysts forecast that Victorian Plumbing Group plc will post 5.980995 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reduced their price objective on shares of Victorian Plumbing Group from GBX 140 ($1.91) to GBX 125 ($1.71) and set a “buy” rating for the company in a research note on Monday, May 19th.

About Victorian Plumbing Group

Victorian Plumbing is the UK’s leading bathroom retailer, offering a wide range of over 34,000 products to B2C and trade customers. Victorian Plumbing offers its customers a one-stop shop solution for the entire bathroom with more than 130 own and third party brands across a wide spectrum of price points.

The Group’s product design and supply chain strengths are complemented by its creative and brand-focused marketing strategy, which predominantly focuses on online channels to drive significant and growing traffic to its website.

Headquartered in Skelmersdale, the Group employs over 600 staff across ten locations in Lancashire, Manchester and Birmingham.