Victoria (LON:VCP) Trading Down 14.7% – What’s Next?

Victoria PLC (LON:VCP) shares fell 14.7% on Monday . The stock traded as low as GBX 22.10 and last traded at GBX 22.27. 1,175,822 shares traded hands during trading, an increase of 66% from the average session volume of 707,355 shares. The stock had previously closed at GBX 26.10.

Wall Street Analyst Weigh In

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

Victoria Stock Performance

The firm has a market cap of £25.69 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 business’s 50-day simple moving average is GBX 32.48 and its 200 day simple moving average is GBX 49.49.

Victoria (LON:VCP) last released its quarterly 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%. As a group, equities analysts predict that Victoria PLC will post 15.8739255 earnings per share for the current year.

Insider Activity

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

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.