Posted by admin on Jul 20th, 2022

Victoria plc (LON:VCP – Get Rating) reached a new 52-week low on Monday . The stock traded as low as GBX 415 ($4.96) and last traded at GBX 430.51 ($5.15), with a volume of 114334 shares trading hands. The stock had previously closed at GBX 446 ($5.33).

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 1,280 ($15.30) price target on shares of Victoria in a research report on Wednesday, July 13th.

The firm has a 50-day moving average of GBX 499.61 and a 200 day moving average of GBX 728.92. The stock has a market capitalization of £475.07 million and a price-to-earnings ratio of 13,466.67. The company has a current ratio of 1.79, a quick ratio of 1.09 and a debt-to-equity ratio of 421.29.

In related news, insider Philippe Hamers purchased 203 shares of Victoria stock in a transaction that occurred on Friday, June 10th. The shares were purchased at an average cost of GBX 466 ($5.57) per share, with a total value of £945.98 ($1,130.88).

Victoria plc, together with its subsidiaries, designs, manufactures, and distributes flooring products primarily in the United Kingdom, Spain, the Republic of Ireland, Italy, the Netherlands, Belgium, rest of Europe, and Australia. It offers a range of wool and synthetic broadloom carpets, ceramic and porcelain tiles, flooring underlays, luxury vinyl tiles (LVT), hardwood flooring products, artificial grass, carpet tiles, and flooring accessories, as well as markets and distributes LVT and hardwood flooring products.

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