Victoria (LON:VCP) Trading Down 13% – Should You Sell?

Victoria PLC (LON:VCP)’s share price fell 13% during trading on Wednesday . The company traded as low as GBX 31 and last traded at GBX 32.64. 612,115 shares traded hands during trading, an increase of 20% from the average session volume of 510,571 shares. The stock had previously closed at GBX 37.50.

Analyst Ratings Changes

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 170 price objective on shares of Victoria in a report on Thursday, November 6th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of GBX 170.

Victoria Price Performance

The firm has a market capitalization of £35.72 million, a P/E ratio of -0.13 and a beta of 0.98. The company has a quick ratio of 0.79, a current ratio of 1.43 and a debt-to-equity ratio of -4,210.81. The business’s 50 day moving average is GBX 47.45 and its 200-day moving average is GBX 63.64.

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.