Victoria (LON:VCP) Trading Up 7.3% Following Insider Buying Activity

Victoria PLC (LON:VCP)’s stock price traded up 7.3% during mid-day trading on Thursday after an insider bought additional shares in the company. The company traded as high as GBX 41.73 and last traded at GBX 39.45. 1,391,163 shares were traded during trading, an increase of 167% from the average session volume of 520,110 shares. The stock had previously closed at GBX 36.78.

Specifically, insider Philippe Hamers purchased 8,180 shares of the company’s stock in a transaction on Wednesday, December 17th. The shares were bought at an average cost of GBX 35 per share, for a total transaction of £2,863. Also, insider Philippe Hamers bought 10,599 shares of Victoria stock in a transaction dated Wednesday, December 17th. The stock was purchased at an average cost of GBX 31 per share, with a total value of £3,285.69. In other Victoria news, insider Philippe Hamers bought 9,768 shares of the firm’s stock in a transaction dated Wednesday, December 17th. The stock was acquired at an average price of GBX 32 per share, for a total transaction of £3,125.76.

Analysts Set New Price Targets

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 170 price objective on shares of Victoria in a research note on Thursday, November 6th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Victoria currently has a consensus rating of “Buy” and a consensus target price of GBX 170.

Victoria Trading Down 6.5%

The firm has a market capitalization of £43.43 million, a PE ratio of -0.16 and a beta of 0.98. The company has a quick ratio of 0.79, a current ratio of 1.43 and a debt-to-equity ratio of -4,210.81. The business’s fifty day moving average price is GBX 46.02 and its 200 day moving average price is GBX 63.11.

Victoria (LON:VCP) last released its earnings results on Wednesday, December 17th. The company reported GBX (11.95) EPS for the quarter. Victoria had a negative net margin of 8.48% and a negative return on equity of 356.44%. As a group, analysts expect that Victoria PLC will post 15.8739255 EPS for the current fiscal year.

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.