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Victrex (OTCMKTS:VTXPF) Sets New 12-Month Low - Here's Why

Victrex logo with Basic Materials background

Key Points

  • Victrex PLC's stock reached a new 52-week low at $9.15 during trading, down from a previous close of $10.10.
  • Despite the decline, Deutsche Bank maintained a "buy" rating on Victrex's shares in a recent report.
  • The company specializes in polymer solutions across various industries, including healthcare, automotive, and aerospace, with notable products like PEEK and PAEK based polymers.
  • Want stock alerts on Victrex? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Victrex PLC (OTCMKTS:VTXPF - Get Free Report) shares hit a new 52-week low during mid-day trading on Friday . The company traded as low as $9.15 and last traded at $9.15, with a volume of 335 shares trading hands. The stock had previously closed at $10.10.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Victrex in a research note on Wednesday, April 16th.

Check Out Our Latest Stock Analysis on VTXPF

Victrex Stock Performance

The company has a current ratio of 3.81, a quick ratio of 1.58 and a debt-to-equity ratio of 0.13. The company's fifty day moving average price is $10.34 and its 200-day moving average price is $11.03.

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.

Further Reading

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