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

Victoria PLC (LON:VCP) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 55.87 and traded as low as GBX 28.13. Victoria shares last traded at GBX 28.50, with a volume of 1,230,877 shares traded.

Analyst Ratings Changes

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

Victoria Trading Down 0.4%

The stock has a market cap of £32.53 million, a price-to-earnings ratio of 0.01 and a beta of 0.98. 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 company’s fifty day moving average price is GBX 35.95 and its 200-day moving average price is GBX 55.87.

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

Insider Activity

In other news, insider Gavin Petken purchased 113,147 shares of the stock in a transaction on Wednesday, January 21st. The stock was bought at an average price of GBX 27 per share, with a total value of £30,549.69. Also, insider Stephen James Callaghan purchased 260,000 shares of the company’s stock in a transaction on Friday, January 9th. The shares were purchased at an average price of GBX 38 per share, for a total transaction of £98,800. Insiders have purchased 588,140 shares of company stock valued at $19,912,941 over the last ninety days. 40.66% of the stock is currently owned by insiders.

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.