Victoria (LON:VCP) Trading Down 7.6% – Should You Sell?

Shares of Victoria PLC (LON:VCP) fell 7.6% on Friday . The stock traded as low as GBX 63.90 and last traded at GBX 66.50. 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.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank increased their target price on Victoria from GBX 60 to GBX 100 and gave the stock a “buy” rating in a report on Friday. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of GBX 100.

Victoria Stock Performance

The stock has a market capitalization of £76.71 million, a price-to-earnings ratio of 0.02 and a beta of 0.43. 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 company’s 50-day simple moving average is GBX 50.71 and its 200-day simple moving average is GBX 37.70.

Victoria (LON:VCP) last announced its 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%. On average, analysts expect that Victoria PLC will post 15.8739255 EPS 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.