Insider Buying: Victoria (LON:VCP) Insider Buys 150,000 Shares

Victoria PLC (LON:VCP) insider Geoff Wilding bought 150,000 shares of Victoria stock in a transaction dated Friday, July 24th. The stock was purchased at an average cost of GBX 67 per share, for a total transaction of £100,500.

Victoria Stock Up 6.0%

LON VCP opened at GBX 70.46 on Monday. The company has a debt-to-equity ratio of -174.85, a quick ratio of 0.79 and a current ratio of 1.45. The company has a market capitalization of £81.28 million, a P/E ratio of 0.03 and a beta of 0.43. Victoria PLC has a one year low of GBX 19.48 and a one year high of GBX 111. The stock has a 50 day moving average price of GBX 51.27 and a 200-day moving average price of GBX 37.89.

Victoria (LON:VCP) last announced its quarterly earnings results on Friday, July 24th. The company reported GBX (51.98) earnings per share for the quarter. Victoria had a positive return on equity of 61.64% and a negative net margin of 31.11%. As a group, equities analysts predict that Victoria PLC will post 15.8739255 EPS for the current fiscal year.

Analysts Set New Price Targets

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

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.