Victoria (LON:VCP) Shares Cross Below Two Hundred Day Moving Average – Here’s What Happened

by · The Markets Daily

Victoria PLC (LON:VCP – Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 64.08 and traded as low as GBX 35.40. Victoria shares last traded at GBX 35.50, with a volume of 139,080 shares trading hands.

Analysts Set New Price Targets

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

Read Our Latest Report on Victoria

Victoria Stock Performance

The stock has a market cap of £41.72 million, a PE ratio of -0.16 and a beta of 0.98. The firm’s 50-day moving average is GBX 48.92 and its 200 day moving average is GBX 64.08. The company has a debt-to-equity ratio of -4,210.81, a quick ratio of 0.79 and a current ratio of 1.43.

About Victoria

(Get Free Report)

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.

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