Victoria (LON:VCP) Shares Pass Below 200 Day Moving Average – Time to Sell?

Victoria PLC (LON:VCP)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 51.48 and traded as low as GBX 26.05. Victoria shares last traded at GBX 26.50, with a volume of 351,376 shares.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank restated a “buy” rating and set a GBX 170 price target on shares of Victoria in a report on Thursday, November 6th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of GBX 170.

Victoria Trading Up 1.9%

The company has a debt-to-equity ratio of -4,210.81, a current ratio of 1.43 and a quick ratio of 0.79. The stock’s 50 day moving average is GBX 33.21 and its 200-day moving average is GBX 51.48. The company has a market capitalization of £30.57 million, a P/E ratio of 0.01 and a beta of 0.98.

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

Insider Activity

In other Victoria news, insider Gavin Petken purchased 113,147 shares of the firm’s stock in a transaction that occurred on Wednesday, January 21st. The stock was bought at an average cost of GBX 27 per share, for a total transaction of £30,549.69. Also, insider Stephen James Callaghan acquired 260,000 shares of the company’s stock in a transaction that occurred on Friday, January 9th. The shares were acquired at an average cost of GBX 38 per share, for a total transaction of £98,800. In the last 90 days, insiders have acquired 588,140 shares of company stock worth $19,912,941. Corporate insiders own 40.79% of the company’s stock.

About Victoria

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.