Victoria PLC (LON:VCP – Get Free Report) traded down 12.6% during mid-day trading on Tuesday . The company traded as low as GBX 121.20 ($1.48) and last traded at GBX 125 ($1.53). 3,529,439 shares changed hands during trading, a decline of 20% from the average session volume of 4,401,769 shares. The stock had previously closed at GBX 143 ($1.75).
Analyst Upgrades and Downgrades
Separately, Berenberg Bank lowered their price target on Victoria from GBX 300 ($3.67) to GBX 170 ($2.08) and set a “buy” rating on the stock in a report on Tuesday, October 15th.
View Our Latest Stock Report on Victoria
Victoria Price Performance
Insider Activity
In related news, insider Gavin Petken purchased 28,147 shares of Victoria stock in a transaction dated Tuesday, December 31st. The stock was bought at an average cost of GBX 71 ($0.87) per share, for a total transaction of £19,984.37 ($24,454.69). Also, insider Philippe Hamers purchased 200,000 shares of Victoria stock in a transaction dated Monday, December 9th. The shares were bought at an average price of GBX 40 ($0.49) per share, with a total value of £80,000 ($97,895.25). Insiders own 35.37% of the company’s stock.
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.
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