Victrex plc (LON:VCT - Get Free Report) declared a dividend on Monday, May 13th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, May 30th will be given a dividend of GBX 13.42 ($0.17) per share on Friday, June 28th. This represents a yield of 1.05%. The ex-dividend date of this dividend is Thursday, May 30th. The official announcement can be accessed at this link.
Victrex Stock Up 1.2 %
Shares of LON VCT traded up GBX 16 ($0.20) during trading on Monday, reaching GBX 1,300 ($16.33). 438,416 shares of the stock were exchanged, compared to its average volume of 115,163. The company has a market capitalization of £1.13 billion, a price-to-earnings ratio of 1,830.99, a price-to-earnings-growth ratio of 2.05 and a beta of 0.76. The business's 50-day moving average price is GBX 1,278.73 and its 200 day moving average price is GBX 1,377.06. The company has a quick ratio of 1.99, a current ratio of 4.78 and a debt-to-equity ratio of 10.02. Victrex has a twelve month low of GBX 1,152 ($14.47) and a twelve month high of GBX 1,632 ($20.50).
Insider Buying and Selling at Victrex
In other news, insider Jakob Sigurdsson bought 4,000 shares of Victrex stock in a transaction on Wednesday, March 6th. The shares were bought at an average price of GBX 1,294 ($16.25) per share, with a total value of £51,760 ($65,008.79). 1.62% of the stock is currently owned by insiders.
Analyst Upgrades and Downgrades
A number of equities analysts have commented on VCT shares. JPMorgan Chase & Co. cut their price objective on shares of Victrex from GBX 1,750 ($21.98) to GBX 1,680 ($21.10) and set an "overweight" rating on the stock in a report on Wednesday, April 3rd. Berenberg Bank downgraded Victrex to a "hold" rating and reduced their price target for the company from GBX 2,090 ($26.25) to GBX 1,680 ($21.10) in a report on Tuesday, January 23rd.
Get Our Latest Analysis on Victrex
About Victrex
(
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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.
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