Victrex (OTCMKTS:VTXPF) Shares Gap Down – What’s Next?

Shares of Victrex PLC (OTCMKTS:VTXPF) gapped down before the market opened on Thursday . The stock had previously closed at $9.7810, but opened at $8.50. Victrex shares last traded at $8.50, with a volume of 400 shares traded.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on VTXPF shares. Morgan Stanley restated an “overweight” rating on shares of Victrex in a report on Wednesday, October 15th. Barclays downgraded Victrex from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 12th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Victrex Stock Performance

The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.58 and a current ratio of 3.81. The stock has a 50 day simple moving average of $9.42 and a 200 day simple moving average of $9.76.

Victrex Company Profile

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.