Victoria (LON:VCP) Stock Price Crosses Above 50 Day Moving Average – Time to Sell?

Shares of Victoria PLC (LON:VCP) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 47.66 and traded as high as GBX 70.90. Victoria shares last traded at GBX 66, with a volume of 12,601 shares traded.

Analyst Ratings Changes

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 60 target price on shares of Victoria in a research report on Wednesday, July 8th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of GBX 60.

Victoria Stock Up 1.5%

The company has a debt-to-equity ratio of -317.63, a current ratio of 1.52 and a quick ratio of 0.79. The stock has a market capitalization of £77.29 million, a P/E ratio of 0.02 and a beta of 0.43. The firm has a 50-day simple moving average of GBX 48.37 and a 200 day simple moving average of GBX 36.96.

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.