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Victoria (LON:VCP) Stock Crosses Above 50-Day Moving Average - Here's Why

Victoria logo with Consumer Cyclical background

Shares of Victoria PLC (LON:VCP - Get Free Report) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 70.19 ($0.95) and traded as high as GBX 90 ($1.21). Victoria shares last traded at GBX 85.90 ($1.16), with a volume of 154,049 shares.

Analyst Ratings Changes

Separately, Berenberg Bank restated a "buy" rating and issued a GBX 170 ($2.29) price objective on shares of Victoria in a research note on Tuesday, May 6th.

Read Our Latest Report on VCP

Victoria Price Performance

The stock's 50 day moving average price is GBX 70.21 and its two-hundred day moving average price is GBX 89.20. The company has a debt-to-equity ratio of -4,210.81, a current ratio of 1.43 and a quick ratio of 0.79. The firm has a market capitalization of £93.87 million, a price-to-earnings ratio of -0.88 and a beta of 0.98.

Victoria Company Profile

(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.

Further Reading

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