Victoria (LON:VCP) Trading Down 7.8% – Time to Sell?

Shares of Victoria PLC (LON:VCP) fell 7.8% during trading on Friday . The stock traded as low as GBX 57.90 ($0.78) and last traded at GBX 60.40 ($0.81). 638,953 shares were traded during mid-day trading, an increase of 7% from the average session volume of 597,566 shares. The stock had previously closed at GBX 65.50 ($0.88).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 170 price target on shares of Victoria in a research note on Monday, September 8th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of GBX 170.

Victoria Stock Performance

The company has a quick ratio of 0.79, a current ratio of 1.43 and a debt-to-equity ratio of -4,210.81. The company has a 50 day simple moving average of GBX 74.13 and a 200-day simple moving average of GBX 74.99. The stock has a market capitalization of £70.75 million, a price-to-earnings ratio of -26.68 and a beta of 0.98.

Victoria (LON:VCP) last issued its quarterly earnings results on Thursday, July 24th. The company reported GBX (10.62) earnings per share (EPS) for the quarter. Victoria had a negative net margin of 8.48% and a negative return on equity of 356.44%. As a group, equities research analysts expect that Victoria PLC will post 15.8739255 EPS 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.