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Victoria (LON:VCP) Share Price Passes Below Two Hundred Day Moving Average - Here's What Happened

Victoria logo with Consumer Cyclical background

Key Points

  • Victoria PLC share price has dropped below its 200-day moving average, currently trading at GBX 73.10 compared to the average of GBX 82.63.
  • Berenberg Bank has maintained a "buy" rating for the stock with a price target of GBX 170, indicating a significant potential upside.
  • The company reported a negative earnings per share of GBX (10.62) and has a market capitalization of £79.45 million, highlighting its ongoing financial struggles.
  • Interested in Victoria? Here are five stocks we like better.

Shares of Victoria PLC (LON:VCP - Get Free Report) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 82.63 ($1.12) and traded as low as GBX 70.50 ($0.96). Victoria shares last traded at GBX 73.10 ($0.99), with a volume of 120,911 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reaffirmed a "buy" rating and set a GBX 170 target price on shares of Victoria in a research note on Thursday, July 24th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of "Buy" and an average target price of GBX 170.

Check Out Our Latest Stock Report on Victoria

Victoria Stock Down 3.9%

The company has a market capitalization of £78.29 million, a PE ratio of -29.52 and a beta of 0.98. The company's 50 day moving average is GBX 77.33 and its two-hundred day moving average is GBX 80.84. The company has a quick ratio of 0.79, a current ratio of 1.43 and a debt-to-equity ratio of -4,210.81.

Victoria (LON:VCP - Get Free Report) last issued its quarterly earnings data on Thursday, July 24th. The company reported GBX (10.62) EPS for the quarter. Victoria had a negative return on equity of 356.44% and a negative net margin of 8.48%. On average, analysts anticipate that Victoria PLC will post 15.8739255 earnings per share for the current year.

About Victoria

(Get Free Report)

Established in 1895 and listed since 1963 and on AIM since 2013 (VCP.L), Victoria PLC, is an international manufacturer and distributor of innovative flooring products. The Company, which is headquartered in Worcester, UK, designs, manufactures and distributes a range of carpet, flooring underlay, ceramic tiles, LVT (luxury vinyl tile), artificial grass and flooring accessories. Victoria has operations in the UK, Spain, Italy, Belgium, the Netherlands, Germany, Turkey, the USA, and Australia and employs approximately 6,750 people across 30 sites.

See Also

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