Victorian Plumbing Group (LON:VIC) Shares Down 0.3% - Time to Sell?

Key Points

• Victorian Plumbing Group's shares fell by 0.3% to GBX 66.20 ($0.90), with trading volume dropping 87% from the average session.
• Berenberg Bank has lowered the price target for the company's shares from GBX 140 ($1.90) to GBX 125 ($1.69), maintaining a "buy" rating.
• Recent insider sales include 181,000 shares sold by Philip Bowcock and 90,418 shares sold by Daniel Barton, indicating notable activity among corporate insiders.

Victorian Plumbing Group plc (LON:VIC - Get Free Report) fell 0.3% during trading on Friday . The stock traded as low as GBX 66.06 ($0.90) and last traded at GBX 66.20 ($0.90). 105,092 shares traded hands during trading, a decline of 87% from the average session volume of 780,769 shares. The stock had previously closed at GBX 66.40 ($0.90).

Analyst Ratings Changes

Separately, Berenberg Bank lowered their price target on shares of Victorian Plumbing Group from GBX 140 ($1.90) to GBX 125 ($1.69) and set a "buy" rating for the company in a report on Monday, May 19th.

Victorian Plumbing Group Stock Down 0.3%

The company has a current ratio of 1.07, a quick ratio of 1.05 and a debt-to-equity ratio of 88.15. The company has a market cap of £223.00 million, a price-to-earnings ratio of 40.56, a PEG ratio of 0.51 and a beta of 1.03. The firm's fifty day simple moving average is GBX 73.80 and its 200 day simple moving average is GBX 86.31.

Victorian Plumbing Group (LON:VIC - Get Free Report) last posted its quarterly earnings results on Wednesday, May 14th. The company reported GBX 1.90 ($0.03) EPS for the quarter. Victorian Plumbing Group had a net margin of 1.86% and a return on equity of 10.60%. Sell-side analysts predict that Victorian Plumbing Group plc will post 5.980995 earnings per share for the current year.

Insider Buying and Selling at Victorian Plumbing Group

In other Victorian Plumbing Group news, insider Philip Bowcock sold 181,000 shares of the company's stock in a transaction on Wednesday, July 2nd. The shares were sold at an average price of GBX 76 ($1.03), for a total transaction of £137,560 ($186,446.19). Also, insider Daniel Barton sold 90,418 shares of the firm's stock in a transaction dated Monday, June 16th. The shares were sold at an average price of GBX 78 ($1.06), for a total transaction of £70,526.04 ($95,589.64). Corporate insiders own 62.35% of the company's stock.

About Victorian Plumbing Group

Victorian Plumbing is the UK's leading bathroom retailer, offering a wide range of over 34,000 products to B2C and trade customers. Victorian Plumbing offers its customers a one-stop shop solution for the entire bathroom with more than 130 own and third party brands across a wide spectrum of price points. The Group's product design and supply chain strengths are complemented by its creative and brand-focused marketing strategy, which predominantly focuses on online channels to drive significant and growing traffic to its website. Headquartered in Skelmersdale, the Group employs over 600 staff across ten locations in Lancashire, Manchester and Birmingham.

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