Victrex (LON:VCT) Sets New 1-Year Low - Time to Sell?

Victrex plc (LON:VCT - Get Free Report)'s stock price reached a new 52-week low on Thursday . The stock traded as low as GBX 804 ($10.23) and last traded at GBX 808 ($10.29), with a volume of 96041 shares trading hands. The stock had previously closed at GBX 852 ($10.85).

Victrex Stock Performance

The stock has a market capitalization of £660.35 million, a PE ratio of 21.51, a P/E/G ratio of 1.92 and a beta of 0.69. The company has a debt-to-equity ratio of 10.93, a quick ratio of 1.99 and a current ratio of 4.39. The firm has a 50 day moving average of GBX 944.83 and a 200-day moving average of GBX 958.90.

Victrex Increases Dividend

The business also recently declared a dividend, which was paid on Friday, February 21st. Stockholders of record on Thursday, January 23rd were given a GBX 46.14 ($0.59) dividend. This represents a dividend yield of 5.26%. This is a positive change from Victrex's previous dividend of $13.42. The ex-dividend date of this dividend was Thursday, January 23rd. Victrex's dividend payout ratio is 170.47%.

Insider Buying and Selling

In other news, insider Urmi Prasad Richardson acquired 100 shares of Victrex stock in a transaction that occurred on Friday, March 21st. The stock was purchased at an average price of GBX 958 ($12.19) per share, with a total value of £958 ($1,219.45). 1.64% of the stock is currently owned by corporate insiders.

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.