Victoria (LON:VCP) Stock Price Down 9.3% – What’s Next?

Victoria PLC (LON:VCP)’s stock price dropped 9.3% during mid-day trading on Thursday . The company traded as low as GBX 45.89 ($0.58) and last traded at GBX 46.52 ($0.58). Approximately 286,066 shares changed hands during trading, an increase of 27% from the average daily volume of 225,972 shares. The stock had previously closed at GBX 51.30 ($0.64).

Analysts Set New Price Targets

Separately, Berenberg Bank reduced their price target on shares of Victoria from GBX 300 ($3.76) to GBX 170 ($2.13) and set a “buy” rating on the stock in a research report on Tuesday, October 15th.

Victoria Trading Down 1.2 %

The company’s 50 day simple moving average is GBX 108.61 and its 200 day simple moving average is GBX 150.17. The company has a debt-to-equity ratio of 1,494.32, a current ratio of 1.43 and a quick ratio of 0.79. The firm has a market cap of £53.35 million, a price-to-earnings ratio of -50.96 and a beta of 0.98.

Victoria Company Profile

Victoria PLC, together with its subsidiaries, designs, manufactures, and distributes flooring products primarily in the United Kingdom, Spain, Italy, the Netherlands, Germany, Belgium, Turkey, the United States, and Australia. The company operates through four segments: UK & Europe Soft Flooring, UK & Europe Ceramic Tiles, Australia, and North America.