Victoria (LON:VCP) Stock Price Up 11.3% – Should You Buy?

Victoria PLC (LON:VCP)’s stock price traded up 11.3% during trading on Thursday . The company traded as high as GBX 58.62 ($0.74) and last traded at GBX 58.55 ($0.74). 2,636,112 shares were traded during trading, an increase of 290% from the average session volume of 676,035 shares. The stock had previously closed at GBX 52.60 ($0.66).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reduced their price objective on shares of Victoria from GBX 300 ($3.77) to GBX 170 ($2.14) and set a “buy” rating on the stock in a research report on Tuesday, October 15th.

Victoria Price Performance

The stock’s 50-day simple moving average is GBX 75.76 and its two-hundred day simple moving average is GBX 128.44. The firm has a market cap of £67.13 million, a P/E ratio of -62.85 and a beta of 0.98. The company has a debt-to-equity ratio of 1,494.32, a current ratio of 1.43 and a quick ratio of 0.79.

Insider Buying and Selling

In other news, insider Philippe Hamers purchased 200,000 shares of the stock in a transaction that occurred on Monday, December 9th. The stock was purchased at an average price of GBX 40 ($0.50) per share, for a total transaction of £80,000 ($100,578.33). 35.37% of the stock is currently owned by insiders.

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.