Victoria (LON:VCP) Stock Price Down 9.3% – Time to Sell?

Shares of Victoria PLC (LON:VCP) were down 9.3% during trading on Thursday . The stock traded as low as GBX 45.89 ($0.58) and last traded at GBX 46.52 ($0.59). Approximately 286,066 shares changed hands during trading, an increase of 27% from the average daily volume of 225,972 shares. The stock had previously closed at GBX 51.30 ($0.65).

Analyst Ratings Changes

Separately, Berenberg Bank cut their price objective on shares of Victoria from GBX 300 ($3.80) to GBX 170 ($2.15) and set a “buy” rating for the company in a report on Tuesday, October 15th.

Victoria Price Performance

The company has a market capitalization of £52.96 million, a PE ratio of -56.04 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 1,494.32. The firm’s 50 day simple moving average is GBX 111.99 and its 200 day simple moving average is GBX 152.26.

About Victoria

Victoria PLC, together with its subsidiaries, designs, manufactures, and distributes flooring products primarily in the United Kingdom, Spain, Italy, the Netherlands, Germany, Belgium, Turkey, the United States, and Australia. The company operates through four segments: UK & Europe Soft Flooring, UK & Europe Ceramic Tiles, Australia, and North America.