Victrex plc (LON:VCT) Insider Buys £4,759.96 in Stock

Victrex plc (LON:VCT) insider Jane Toogood purchased 508 shares of the firm’s stock in a transaction dated Tuesday, September 24th. The stock was purchased at an average cost of GBX 937 ($12.55) per share, with a total value of £4,759.96 ($6,373.81).

Victrex Price Performance

Shares of VCT opened at GBX 970 ($12.99) on Friday. The stock has a 50 day simple moving average of GBX 1,012.92 and a 200 day simple moving average of GBX 1,163.74. Victrex plc has a 52-week low of GBX 914.74 ($12.25) and a 52-week high of GBX 1,577 ($21.12). The company has a debt-to-equity ratio of 16.99, a quick ratio of 1.99 and a current ratio of 5.30. The firm has a market capitalization of £844.19 million, a PE ratio of 2,771.43, a P/E/G ratio of 1.92 and a beta of 0.69.

Analyst Ratings Changes

Separately, Berenberg Bank reduced their target price on Victrex from GBX 1,491 ($19.97) to GBX 1,290 ($17.27) and set a “hold” rating on the stock in a report on Wednesday, August 28th.

About Victrex

Victrex plc, through its subsidiaries, engages in the manufacture and sale of polymer solutions worldwide. The company operates through two segments, Sustainable Solutions and Medical. It develops PEEK and PAEK based polymer solutions, and semi-finished and finished parts. The company also provides specialist solutions for medical device manufacturers; sells thermoplastic polymers; sustainable solutions for energy and industrial, VAR, automotive, aerospace, and electronics markets; and engages in trading activities.