Victoria (LON:VCP) Shares Down 13.3% – Should You Sell?

Victoria PLC (LON:VCP) shares traded down 13.3% during mid-day trading on Thursday. The stock traded as low as GBX 32 and last traded at GBX 32. Approximately 354,282 shares were traded during mid-day trading, an increase of 4% from the average daily volume of 341,138 shares. The stock had previously closed at GBX 36.90.

Analysts Set New Price Targets

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 100 price objective on shares of Victoria in a research report on Monday, November 2nd. One investment analyst has rated the stock with a Buy rating. Based on data from MarketBeat, the company has an average rating of “Buy” and an average target price of GBX 100.

Victoria Stock Performance

The stock’s 50-day simple moving average is GBX 46.88 and its 200 day simple moving average is GBX 43.29. The company has a market capitalization of £37.04 million, a PE ratio of -0.11 and a beta of 0.42. The company has a debt-to-equity ratio of -174.85, a quick ratio of 0.79 and a current ratio of 1.45.

About Victoria

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.