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Victrex (LON:VCT) Stock Price Crosses Below 200 Day Moving Average - Should You Sell?

Victrex logo with Basic Materials background

Shares of Victrex plc (LON:VCT - Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 906.39 ($12.45) and traded as low as GBX 774 ($10.63). Victrex shares last traded at GBX 776 ($10.66), with a volume of 168,587 shares changing hands.

Victrex Trading Down 2.3%

The company has a quick ratio of 1.99, a current ratio of 4.39 and a debt-to-equity ratio of 10.93. The company's fifty day moving average is GBX 806.66 and its two-hundred day moving average is GBX 906.39. The stock has a market cap of £676.92 million, a price-to-earnings ratio of 22.05, a PEG ratio of 1.92 and a beta of 0.69.

Victrex (LON:VCT - Get Free Report) last released its earnings results on Monday, May 12th. The company reported GBX 22.60 ($0.31) earnings per share for the quarter. Victrex had a return on equity of 6.67% and a net margin of 10.81%. On average, research analysts predict that Victrex plc will post 73.1078905 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider David Thomas acquired 1,158 shares of the stock in a transaction that occurred on Tuesday, May 13th. The shares were purchased at an average cost of GBX 846 ($11.62) per share, with a total value of £9,796.68 ($13,453.28). Insiders own 1.64% of the company's stock.

Victrex Company Profile

(Get Free Report)

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.

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