Victoria (LON:VCP) Shares Down 7.6% – Time to Sell?

Victoria PLC (LON:VCP) shares traded down 7.6% on Friday . The stock traded as low as GBX 63.90 and last traded at GBX 66.50. Approximately 603,001 shares were traded during mid-day trading, an increase of 34% from the average session volume of 449,996 shares. The stock had previously closed at GBX 72.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank raised their price objective on shares of Victoria from GBX 60 to GBX 100 and gave the company a “buy” rating in a research note on Friday. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Victoria presently has a consensus rating of “Buy” and a consensus target price of GBX 100.

Victoria Price Performance

The firm has a market capitalization of £76.71 million, a PE ratio of 0.02 and a beta of 0.43. The company has a debt-to-equity ratio of -317.63, a quick ratio of 0.79 and a current ratio of 1.52. The business’s 50 day moving average is GBX 50.71 and its two-hundred day moving average is GBX 37.70.

Victoria (LON:VCP) last issued its earnings results on Friday, July 24th. The company reported GBX (51.98) EPS for the quarter. Victoria had a positive return on equity of 67.51% and a negative net margin of 21.45%. Equities research analysts anticipate that Victoria PLC will post 15.8739255 earnings per share for the current fiscal year.

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.