Victoria (LON:VCP) Trading Up 14.1% – Here’s What Happened

Victoria PLC (LON:VCP) was up 14.1% during mid-day trading on Thursday . The stock traded as high as GBX 72 and last traded at GBX 72. 912,919 shares traded hands during trading, an increase of 103% from the average daily volume of 448,903 shares. The stock had previously closed at GBX 63.10.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank boosted their target price on shares of Victoria from GBX 60 to GBX 100 and gave the stock a “buy” rating in a research note on Friday. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Victoria presently has a consensus rating of “Buy” and an average target price of GBX 100.

Victoria Stock Down 7.6%

The firm has a 50 day moving average price of GBX 51.27 and a 200-day moving average price of GBX 37.90. The firm has a market cap of £76.71 million, a price-to-earnings ratio of 0.02 and a beta of 0.43. The company has a debt-to-equity ratio of -317.63, a current ratio of 1.52 and a quick ratio of 0.79.

Victoria (LON:VCP) last announced its quarterly earnings data on Friday, July 24th. The company reported GBX (51.98) EPS for the quarter. Victoria had a positive return on equity of 67.51% and a negative net margin of 21.45%. As a group, equities analysts predict that Victoria PLC will post 15.8739255 EPS for the current fiscal year.

Victoria Company Profile

Established in 1895 and listed since 1963 and on AIM since 2013 (VCP.L), Victoria PLC, is an international manufacturer and distributor of innovative flooring products. The Company, which is headquartered in Worcester, UK, designs, manufactures and distributes a range of carpet, flooring underlay, ceramic tiles, LVT (luxury vinyl tile), artificial grass and flooring accessories.

Victoria has operations in the UK, Spain, Italy, Belgium, the Netherlands, Germany, Turkey, the USA, and Australia and employs approximately 6,750 people across 30 sites.