Victorian Plumbing Group (LON:VIC) Trading Down 6.6% – Here’s What Happened

Victorian Plumbing Group plc (LON:VIC) shares traded down 6.6% during trading on Friday . The stock traded as low as GBX 95.20 ($1.20) and last traded at GBX 96.20 ($1.21). 667,687 shares traded hands during trading, an increase of 82% from the average session volume of 365,930 shares. The stock had previously closed at GBX 103 ($1.29).

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on VIC. Shore Capital reaffirmed a “buy” rating on shares of Victorian Plumbing Group in a research report on Thursday, November 21st. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 132 ($1.66) price objective on shares of Victorian Plumbing Group in a report on Tuesday, October 15th.

Victorian Plumbing Group Price Performance

The company has a 50 day moving average price of GBX 112.03 and a 200 day moving average price of GBX 101.37. The company has a current ratio of 1.57, a quick ratio of 1.05 and a debt-to-equity ratio of 89.32. The firm has a market cap of £313.32 million, a PE ratio of 2,405.00, a price-to-earnings-growth ratio of 0.51 and a beta of 1.03.

Victorian Plumbing Group Company Profile

Victorian Plumbing Group plc operates as an online retailer of bathroom products and accessories in the United Kingdom. The company was incorporated in 2021 and is headquartered in Skelmersdale, the United Kingdom.