Victrex plc (LON:VCT) Insider Jakob Sigurdsson Acquires 2,000 Shares of Stock

Victrex plc (LON:VCT) insider Jakob Sigurdsson purchased 2,000 shares of the company’s stock in a transaction on Friday, August 30th. The stock was purchased at an average price of GBX 1,037 ($13.68) per share, for a total transaction of £20,740 ($27,350.65).

Jakob Sigurdsson also recently made the following trade(s):

• On Thursday, August 1st, Jakob Sigurdsson acquired 9,000 shares of Victrex stock. The stock was acquired at an average cost of GBX 1,090 ($14.37) per share, with a total value of £98,100 ($129,368.32).
• On Friday, July 5th, Jakob Sigurdsson bought 3,000 shares of Victrex stock. The shares were acquired at an average cost of GBX 1,189 ($15.68) per share, for a total transaction of £35,670 ($47,039.43).

Victrex Stock Up 0.4 %

VCT stock opened at GBX 1,030 ($13.58) on Friday. The firm’s 50-day moving average is GBX 1,083.56 and its two-hundred day moving average is GBX 1,210.07. The company has a market capitalization of £896.41 million, a price-to-earnings ratio of 2,942.86, a price-to-earnings-growth ratio of 1.92 and a beta of 0.69. Victrex plc has a 52 week low of GBX 970 ($12.79) and a 52 week high of GBX 1,577 ($20.80). The company has a current ratio of 5.30, a quick ratio of 1.99 and a debt-to-equity ratio of 16.99.

Analyst Ratings Changes

Separately, Berenberg Bank decreased their price target on Victrex from GBX 1,491 ($19.66) to GBX 1,290 ($17.01) and set a “hold” rating for the company in a research note on Wednesday.

About Victrex

Victrex plc, through its subsidiaries, engages in the manufacture and sale of polymer solutions worldwide. The company operates through two segments, Sustainable Solutions and Medical. It develops PEEK and PAEK based polymer solutions, and semi-finished and finished parts. The company also provides specialist solutions for medical device manufacturers; sells thermoplastic polymers; sustainable solutions for energy and industrial, VAR, automotive, aerospace, and electronics markets; and engages in trading activities.