Victoria (LON:VCP) Stock Passes Below Two Hundred Day Moving Average – Should You Sell?

Victoria PLC (LON:VCP) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 54.07 and traded as low as GBX 26.10. Victoria shares last traded at GBX 26.95, with a volume of 431,171 shares.

Analysts Set New Price Targets

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 170 price target 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 data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of GBX 170.

Victoria Trading Up 2.7%

The stock’s 50-day moving average price is GBX 34.48 and its 200 day moving average price is GBX 54.07. The company has a debt-to-equity ratio of -4,210.81, a current ratio of 1.43 and a quick ratio of 0.79. The firm has a market capitalization of £31.09 million, a PE ratio of 0.01 and a beta of 0.98.

Victoria (LON:VCP) last announced 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 net margin of 8.48% and a negative return on equity of 356.44%. On average, sell-side analysts expect that Victoria PLC will post 15.8739255 EPS for the current fiscal year.

Insider Activity

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