Victoria (LON:VCP) Share Price Crosses Below 50-Day Moving Average of $432.21

Victoria PLC (LON:VCP) passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $432.21 and traded as low as $410.00. Victoria shares last traded at $420.00, with a volume of 317,040 shares trading hands.

VCP has been the topic of a number of recent research reports. Berenberg Bank restated a “buy” rating and issued a GBX 575 ($7.56) target price on shares of Victoria in a research note on Tuesday, November 26th. Peel Hunt initiated coverage on Victoria in a research note on Thursday. They issued a “buy” rating and a GBX 480 ($6.31) target price on the stock.

The business has a 50 day simple moving average of GBX 431.36 and a 200 day simple moving average of GBX 453.55. The company has a debt-to-equity ratio of 157.58, a current ratio of 1.93 and a quick ratio of 1.15. The stock has a market cap of $507.86 million and a PE ratio of -109.46.

About Victoria (LON:VCP)

Victoria PLC designs, manufactures, and distributes flooring products primarily in the United Kingdom and Australia. It also provides wool and synthetic broadloom carpets, flooring underlays, luxury vinyl tiles (LVT), hardwood flooring products, artificial grass, carpet tiles, and flooring accessories, as well as markets and distributes LVT and hardwood flooring products.

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