Victrex (LON:VCT) Releases Earnings Results

Victrex (LON:VCT - Get Free Report) posted its earnings results on Monday. The company reported GBX 22.60 ($0.30) EPS for the quarter, Digital Look Earnings reports. Victrex had a net margin of 10.81% and a return on equity of 6.67%.

Victrex Stock Performance

Shares of LON:VCT traded up GBX 6.56 ($0.09) during midday trading on Friday, hitting GBX 821.56 ($10.91). The stock had a trading volume of 492,610 shares, compared to its average volume of 449,657. The company has a market capitalization of £716.67 million, a PE ratio of 23.34, a P/E/G ratio of 1.92 and a beta of 0.69. The stock has a 50 day moving average price of GBX 854.44 and a two-hundred day moving average price of GBX 937.26. The company has a current ratio of 4.39, a quick ratio of 1.99 and a debt-to-equity ratio of 10.93. Victrex has a 1 year low of GBX 706 ($9.38) and a 1 year high of GBX 1,368 ($18.17).

Victrex Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, February 21st. Shareholders of record on Thursday, January 23rd were given a dividend of GBX 46.14 ($0.61) per share. This is an increase from Victrex's previous dividend of $13.42. This represents a yield of 5.26%. The ex-dividend date was Thursday, January 23rd. Victrex's dividend payout ratio (DPR) is presently 170.47%.

Insider Activity

In other Victrex news, insider Urmi Prasad Richardson bought 100 shares of the business's stock in a transaction on Friday, March 21st. The stock was bought at an average price of GBX 958 ($12.73) per share, for a total transaction of £958 ($1,272.58). Also, insider David Thomas bought 1,158 shares of the business's stock in a transaction on Tuesday, May 13th. The shares were acquired at an average price of GBX 846 ($11.24) per share, with a total value of £9,796.68 ($13,013.66). Insiders own 1.64% of the company's stock.

Victrex Company Profile

Victrex plc, through its subsidiaries, engages in the manufacture and sale of polymer solutions worldwide. The company operates through two segments, Sustainable Solutions and Medical. It develops PEEK and PAEK based polymer solutions, and semi-finished and finished parts. The company also provides specialist solutions for medical device manufacturers; sells thermoplastic polymers; sustainable solutions for energy and industrial, VAR, automotive, aerospace, and electronics markets; and engages in trading activities.