Victrex plc (LON:VCT – Get Rating)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,741.49 ($20.59) and traded as high as GBX 1,829 ($21.63). Victrex shares last traded at GBX 1,829 ($21.63), with a volume of 68,576 shares traded.
Analysts Set New Price Targets
Separately, JPMorgan Chase & Co. cut their target price on Victrex from GBX 2,800 ($33.11) to GBX 2,300 ($27.20) and set an “overweight” rating for the company in a research report on Monday, October 10th.
Victrex Price Performance
The company has a debt-to-equity ratio of 5.23, a current ratio of 3.42 and a quick ratio of 1.99. The firm has a 50-day moving average of GBX 1,686.90 and a 200-day moving average of GBX 1,741.49. The stock has a market cap of £1.59 billion and a PE ratio of 2,258.02.
Victrex Company Profile
Victrex plc, through its subsidiaries, manufactures and sells polymers worldwide. The company operates through two segments, Industrial and Medical. It develops PEEK and PAEK polymer solutions, and semi-finished and finished parts. The company also offers specialist solutions for medical device manufacturers; sells thermoplastic polymer components; and engages in trading activities.
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