Victoria (LON:VCP) Trading Up 13.6% – Should You Buy?

Victoria PLC (LON:VCP)’s stock price shot up 13.6% on Friday . The company traded as high as GBX 75.20 ($0.95) and last traded at GBX 74.72 ($0.94). 2,071,202 shares traded hands during trading, an increase of 194% from the average session volume of 703,794 shares. The stock had previously closed at GBX 65.80 ($0.83).

Analyst Ratings Changes

Separately, Berenberg Bank reduced their target price on shares of Victoria from GBX 300 ($3.78) to GBX 170 ($2.14) and set a “buy” rating for the company in a report on Tuesday, October 15th.

Victoria Trading Up 10.9 %

The stock has a market capitalization of £82.95 million, a PE ratio of -77.66 and a beta of 0.98. The company has a debt-to-equity ratio of 1,494.32, a quick ratio of 0.79 and a current ratio of 1.43. The business’s 50-day moving average is GBX 68.10 and its two-hundred day moving average is GBX 122.81.

Insider Activity at Victoria

In other Victoria news, insider Philippe Hamers acquired 200,000 shares of the firm’s stock in a transaction dated Monday, December 9th. The shares were acquired at an average price of GBX 40 ($0.50) per share, for a total transaction of £80,000 ($100,666.92). Company insiders own 35.37% 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.