Victrex plc (LON:VCT - Get Free Report) dropped 8.4% during mid-day trading on Tuesday . The stock traded as low as GBX 667.62 ($9.08) and last traded at GBX 720 ($9.79). Approximately 827,259 shares traded hands during mid-day trading, an increase of 97% from the average daily volume of 420,250 shares. The stock had previously closed at GBX 786 ($10.69).
Victrex Stock Performance
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 has a market cap of £628.07 million, a price-to-earnings ratio of 20.46, a PEG ratio of 1.92 and a beta of 0.69. The stock has a 50 day simple moving average of GBX 800.54 and a 200 day simple moving average of GBX 894.36.
Victrex (LON:VCT - Get Free Report) last released its quarterly earnings results on Monday, May 12th. The company reported GBX 22.60 ($0.31) earnings per share for the quarter. Victrex had a net margin of 10.81% and a return on equity of 6.67%. As a group, analysts predict that Victrex plc will post 73.1078905 EPS for the current year.
Insiders Place Their Bets
In related news, insider David Thomas acquired 1,158 shares of Victrex stock in a transaction on Tuesday, May 13th. The shares were purchased at an average cost of GBX 846 ($11.50) per share, for a total transaction of £9,796.68 ($13,317.94). Also, insider Dame Vivienne Cox acquired 2,747 shares of the firm's stock in a transaction on Tuesday, July 8th. The shares were bought at an average cost of GBX 721 ($9.80) per share, with a total value of £19,805.87 ($26,924.78). 1.64% of the stock is currently owned by insiders.
About Victrex
(
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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