Victoria (LON:VCP) Trading Down 7.8% - Here's What Happened

Key Points

• Victoria PLC's stock fell by 7.8%, trading as low as GBX 57.90 ($0.78) before closing at GBX 60.40 ($0.81).
• Berenberg Bank has maintained a buy rating for Victoria with a price target of GBX 170, indicating potential for growth.
• The company reported a negative EPS of GBX (10.62) in its latest quarterly earnings, highlighting its ongoing financial challenges.

Victoria PLC (LON:VCP - Get Free Report) traded down 7.8% during trading on Friday . The stock traded as low as GBX 57.90 ($0.78) and last traded at GBX 60.40 ($0.81). 638,953 shares were traded during trading, an increase of 7% from the average session volume of 597,566 shares. The stock had previously closed at GBX 65.50 ($0.88).

Wall Street Analyst Weigh In

Separately, Berenberg Bank restated a "buy" rating and set a GBX 170 price objective on shares of Victoria in a report on Monday, September 8th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Victoria has a consensus rating of "Buy" and an average target price of GBX 170.

Victoria Price Performance

The company has a fifty day moving average of GBX 74.50 and a 200-day moving average of GBX 75.36. The firm has a market cap of £69.49 million, a P/E ratio of -26.20 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.

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

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.

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