Victoria (LON:VCP) Stock Passes Below 200-Day Moving Average - Should You Sell?

Key Points

• Victoria PLC's stock price has fallen below its 200-day moving average of GBX 86.53 ($1.16), with the shares last traded at GBX 87.88 ($1.18).
• Berenberg Bank has maintained a "buy" rating for Victoria and set a price target of GBX 170 ($2.29).
• The company's recent quarterly earnings reported a loss of GBX (10.62) (($0.14)) per share and a negative net margin of 8.48%.

Victoria PLC (LON:VCP - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 86.53 ($1.17) and traded as low as GBX 86 ($1.16). Victoria shares last traded at GBX 87.88 ($1.19), with a volume of 730,453 shares traded.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reissued a "buy" rating and issued a GBX 170 ($2.30) price target on shares of Victoria in a research note on Thursday, July 24th.

Victoria Stock Down 1.4%

The company has a market capitalization of £92.26 million, a price-to-earnings ratio of -0.86 and a beta of 0.98. 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's fifty day moving average price is GBX 75.75 and its 200-day moving average price is GBX 85.60.

Victoria (LON:VCP - Get Free Report) last posted its quarterly earnings results on Thursday, July 24th. The company reported GBX (10.62) (($0.14)) earnings per share for the quarter. Victoria had a negative net margin of 8.48% and a negative return on equity of 356.44%. Sell-side analysts expect that Victoria PLC will post 15.8739255 earnings per share for the current fiscal year.

About Victoria

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.