Victrex (OTCMKTS:VTXPF) Shares Up 6.4% - Time to Buy?

Key Points

• Victrex PLC shares surged by 6.4% to $9.78 during mid-day trading, reflecting a recovery from a previous closing price of $9.19.
• The stock saw a significant decline in trading volume, with only 150 shares traded compared to an average of 250 shares.
• Victrex operates in the manufacturing of polymer solutions, serving sectors like medical, automotive, and aerospace, with a strong financial position indicated by a quick ratio of 1.58 and a debt-to-equity ratio of 0.13.

Victrex PLC (OTCMKTS:VTXPF - ) shot up 6.4% during mid-day trading on Wednesday . The stock traded as high as $9.78 and last traded at $9.78. 150 shares were traded during mid-day trading, a decline of 40% from the average session volume of 250 shares. The stock had previously closed at $9.19.

Victrex Price Performance

The company has a quick ratio of 1.58, a current ratio of 3.81 and a debt-to-equity ratio of 0.13. The firm's 50 day simple moving average is $9.83 and its 200-day simple moving average is $10.56.

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.

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