Victoria (LON:VCP) Stock Price Crosses Below 200-Day Moving Average – Here’s What Happened

Shares of Victoria PLC (LON:VCP) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 123.94 ($1.55) and traded as low as GBX 62 ($0.78). Victoria shares last traded at GBX 65.80 ($0.82), with a volume of 1,219,399 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank decreased their price objective on shares of Victoria from GBX 300 ($3.76) to GBX 170 ($2.13) and set a “buy” rating for the company in a research note on Tuesday, October 15th.

Victoria Price Performance

The company has a quick ratio of 0.79, a current ratio of 1.43 and a debt-to-equity ratio of 1,494.32. The stock has a market capitalization of £74.77 million, a PE ratio of -70.00 and a beta of 0.98. The stock’s 50-day moving average is GBX 69.79 and its 200 day moving average is GBX 123.94.

Insider Buying and Selling at Victoria

In other Victoria news, insider Philippe Hamers bought 200,000 shares of Victoria stock in a transaction dated Monday, December 9th. The shares were bought at an average price of GBX 40 ($0.50) per share, with a total value of £80,000 ($100,250.63). Corporate insiders own 35.37% of the company’s stock.

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.