Victoria (LON:VCP) Stock Price Down 11.3% – Time to Sell?

Victoria PLC (LON:VCP)’s share price was down 11.3% during trading on Friday . The stock traded as low as GBX 96.80 ($1.26) and last traded at GBX 99.50 ($1.29). Approximately 148,964 shares were traded during mid-day trading, a decline of 30% from the average daily volume of 214,082 shares. The stock had previously closed at GBX 112.20 ($1.46).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank cut their price target on shares of Victoria from GBX 300 ($3.89) to GBX 170 ($2.20) and set a “buy” rating on the stock in a report on Tuesday, October 15th.

Victoria Stock Down 1.6 %

The company has a quick ratio of 0.79, a current ratio of 1.43 and a debt-to-equity ratio of 1,494.32. The stock has a 50 day simple moving average of GBX 127.63 and a 200 day simple moving average of GBX 164.97. The stock has a market cap of £111.24 million, a price-to-earnings ratio of -104.15 and a beta of 0.98.

About Victoria

Victoria PLC, together with its subsidiaries, designs, manufactures, and distributes flooring products primarily in the United Kingdom, Spain, Italy, the Netherlands, Germany, Belgium, Turkey, the United States, and Australia. The company operates through four segments: UK & Europe Soft Flooring, UK & Europe Ceramic Tiles, Australia, and North America.