Victoria (LON:VCP) Shares Up 15.3% – Here’s What Happened

Posted by Maurice Goldstein on Jan 12th, 2025

Victoria PLC (LON:VCP – Get Free Report)’s stock price rose 15.3% during mid-day trading on Friday . The company traded as high as GBX 134.80 ($1.65) and last traded at GBX 133.70 ($1.63). Approximately 4,375,714 shares changed hands during trading, a decline of 2% from the average daily volume of 4,469,435 shares. The stock had previously closed at GBX 116 ($1.42).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank cut their target price on shares of Victoria from GBX 300 ($3.66) to GBX 170 ($2.08) and set a “buy” rating for the company in a research report on Tuesday, October 15th.

Check Out Our Latest Research Report on Victoria

Victoria Stock Performance

The company has a market capitalization of £154.76 million, a P/E ratio of -144.89 and a beta of 0.98. The business has a 50 day moving average of GBX 64.88 and a 200 day moving average of GBX 117.09. 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.

Insider Buying and Selling at Victoria

In other Victoria news, insider Gavin Petken bought 28,147 shares of the company’s stock in a transaction that occurred on Tuesday, December 31st. The shares were purchased at an average cost of GBX 71 ($0.87) per share, for a total transaction of £19,984.37 ($24,400.94). Also, insider Philippe Hamers purchased 200,000 shares of the firm’s stock in a transaction on Monday, December 9th. The stock was acquired at an average price of GBX 40 ($0.49) per share, with a total value of £80,000 ($97,680.10). Company insiders own 35.37% of the company’s stock.

Victoria Company Profile

(Get Free Report)

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.