Victoria (LON:VCP) Stock Price Up 14.1% – Time to Buy?

Victoria PLC (LON:VCP)’s stock price was up 14.1% on Thursday . The company traded as high as GBX 72 and last traded at GBX 72. Approximately 912,919 shares traded hands during mid-day trading, an increase of 103% from the average session volume of 448,903 shares. The stock had previously closed at GBX 63.10.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank restated a “buy” rating and set a GBX 60 target price on shares of Victoria in a report on Wednesday, July 8th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of GBX 60.

Victoria Trading Up 14.1%

The firm has a market capitalization of £83.05 million, a PE ratio of 0.03 and a beta of 0.43. The company has a fifty day moving average of GBX 50.07 and a 200-day moving average of GBX 37.47. The company has a debt-to-equity ratio of -317.63, a current ratio of 1.52 and a quick ratio of 0.79.

Victoria Company Profile

Established in 1895 and listed since 1963 and on AIM since 2013 (VCP.L), Victoria PLC, is an international manufacturer and distributor of innovative flooring products. The Company, which is headquartered in Worcester, UK, designs, manufactures and distributes a range of carpet, flooring underlay, ceramic tiles, LVT (luxury vinyl tile), artificial grass and flooring accessories.

Victoria has operations in the UK, Spain, Italy, Belgium, the Netherlands, Germany, Turkey, the USA, and Australia and employs approximately 6,750 people across 30 sites.