Victoria (LON:VCP) Stock Price Crosses Below 200-Day Moving Average – Should You Sell?

Victoria PLC (LON:VCP) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 51.48 and traded as low as GBX 26.05. Victoria shares last traded at GBX 26.50, with a volume of 351,376 shares changing hands.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 170 target price on shares of Victoria in a research note on Thursday, November 6th. One analyst has rated the stock with a Buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of GBX 170.

Victoria Price Performance

The stock has a market capitalization of £30.57 million, a P/E ratio of 0.01 and a beta of 0.98. The company has a debt-to-equity ratio of -4,210.81, a quick ratio of 0.79 and a current ratio of 1.43. The firm has a 50-day moving average price of GBX 33.21 and a 200 day moving average price of GBX 51.48.

Victoria (LON:VCP) last issued its earnings results on Wednesday, December 17th. The company reported GBX (11.95) earnings per share (EPS) for the quarter. Victoria had a negative return on equity of 356.44% and a negative net margin of 8.48%. On average, analysts expect that Victoria PLC will post 15.8739255 EPS for the current year.

Insider Activity at Victoria

In other Victoria news, insider Gavin Petken bought 113,147 shares of the firm’s stock in a transaction that occurred on Wednesday, January 21st. The shares were bought at an average price of GBX 27 per share, for a total transaction of £30,549.69. Also, insider Stephen James Callaghan purchased 260,000 shares of the stock in a transaction on Friday, January 9th. The stock was acquired at an average cost of GBX 38 per share, with a total value of £98,800. In the last 90 days, insiders have acquired 588,140 shares of company stock valued at $19,912,941. Insiders own 40.79% of the company’s stock.

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.