Victoria (LON:VCP) Share Price Passes Below 200-Day Moving Average – Should You Sell?

Victoria PLC (LON:VCP)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 69.15 and traded as low as GBX 45.50. Victoria shares last traded at GBX 45.55, with a volume of 115,291 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 170 price target on shares of Victoria in a research report on Thursday, November 6th. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of GBX 170.

Victoria Stock Performance

The stock has a market cap of £49.72 million, a price-to-earnings ratio of -0.19 and a beta of 0.98. The company has a current ratio of 1.43, a quick ratio of 0.79 and a debt-to-equity ratio of -4,210.81. The firm has a fifty day simple moving average of GBX 60.14 and a 200-day simple moving average of GBX 69.15.

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.