Victoria (LON:VCP) Share Price Crosses Below 200-Day Moving Average - What's Next?

Shares of Victoria PLC (LON:VCP - Get Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 86.25 ($1.17) and traded as low as GBX 67.50 ($0.91). Victoria shares last traded at GBX 68 ($0.92), with a volume of 545,211 shares trading hands.

Analysts Set New Price Targets

Separately, Berenberg Bank reissued a "buy" rating and set a GBX 170 ($2.30) price target on shares of Victoria in a research note on Tuesday, May 6th.

Victoria Stock Performance

The stock has a 50 day moving average of GBX 80.98 and a 200 day moving average of GBX 85.80. The company has a market capitalization of £68.91 million, a price-to-earnings ratio of -0.64 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 -4,210.81.

Victoria Company Profile

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.