Victoria (LON:VCP) Stock Price Down 7.6% – Time to Sell?

Victoria PLC (LON:VCP) dropped 7.6% during trading on Friday . The stock traded as low as GBX 63.90 and last traded at GBX 66.50. Approximately 603,001 shares traded hands during trading, an increase of 34% from the average session volume of 449,996 shares. The stock had previously closed at GBX 72.

Analyst Ratings Changes

Separately, Berenberg Bank raised their price objective on shares of Victoria from GBX 60 to GBX 100 and gave the company a “buy” rating in a report on Friday. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Victoria presently has a consensus rating of “Buy” and a consensus price target of GBX 100.

Victoria Stock Performance

The firm’s fifty day moving average price is GBX 51.27 and its 200-day moving average price is GBX 37.90. The company has a current ratio of 1.52, a quick ratio of 0.79 and a debt-to-equity ratio of -317.63. The firm has a market cap of £76.71 million, a price-to-earnings ratio of 0.02 and a beta of 0.43.

Victoria (LON:VCP) last announced its quarterly earnings results on Friday, July 24th. The company reported GBX (51.98) EPS for the quarter. Victoria had a positive return on equity of 67.51% and a negative net margin of 21.45%. Analysts expect that Victoria PLC will post 15.8739255 earnings per share for the current year.

Victoria Company Profile

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.