Victrex plc (LON:VCT) Insider Urmi Prasad Richardson Buys 100 Shares

Victrex plc (LON:VCT) insider Urmi Prasad Richardson purchased 100 shares of the stock in a transaction on Friday, March 21st. The shares were acquired at an average price of GBX 958 ($12.38) per share, for a total transaction of £958 ($1,237.89).

Victrex Stock Down 2.5 %

Shares of LON VCT opened at GBX 925 ($11.95) on Tuesday. Victrex plc has a 52-week low of GBX 816 ($10.54) and a 52-week high of GBX 1,368 ($17.68). The company has a quick ratio of 1.99, a current ratio of 4.39 and a debt-to-equity ratio of 10.93. The company’s 50-day simple moving average is GBX 979.48 and its 200-day simple moving average is GBX 965.74. The firm has a market cap of £806.90 million, a price-to-earnings ratio of 26.28, a price-to-earnings-growth ratio of 1.92 and a beta of 0.69.

Victrex (LON:VCT) last announced its earnings results on Tuesday, December 24th. The company reported GBX 51.70 ($0.67) EPS for the quarter. Victrex had a return on equity of 6.67% and a net margin of 10.81%. Equities analysts predict that Victrex plc will post 73.1078905 EPS for the current fiscal year.

Victrex Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, February 21st. Investors of record on Thursday, January 23rd were paid a dividend of GBX 46.14 ($0.60) per share. This represents a yield of 5.26%. The ex-dividend date was Thursday, January 23rd. This is a boost from Victrex’s previous dividend of $13.42. Victrex’s dividend payout ratio is currently 170.47%.

Analyst Ratings Changes

Separately, Berenberg Bank reduced their target price on Victrex from GBX 1,290 ($16.67) to GBX 1,170 ($15.12) and set a “hold” rating for the company in a research note on Wednesday, December 4th.

About Victrex

Victrex plc, through its subsidiaries, engages in the manufacture and sale of polymer solutions worldwide. The company operates through two segments, Sustainable Solutions and Medical. It develops PEEK and PAEK based polymer solutions, and semi-finished and finished parts. The company also provides specialist solutions for medical device manufacturers; sells thermoplastic polymers; sustainable solutions for energy and industrial, VAR, automotive, aerospace, and electronics markets; and engages in trading activities.