Victoria (LON:VCP) Stock Price Up 25.5% – Here’s What Happened

Victoria PLC (LON:VCP) shares shot up 25.5% during mid-day trading on Wednesday . The stock traded as high as GBX 34.26 and last traded at GBX 32. 872,803 shares were traded during mid-day trading, an increase of 79% from the average session volume of 486,910 shares. The stock had previously closed at GBX 25.50.

Victoria Price Performance

The stock has a market capitalization of £46.43 million, a PE ratio of 0.01 and a beta of 0.35. The company has a debt-to-equity ratio of -317.63, a current ratio of 1.52 and a quick ratio of 0.79. The stock’s fifty day moving average is GBX 25.51 and its 200-day moving average is GBX 39.88.

Insider Activity

In other Victoria news, insider Stephen James Callaghan bought 260,000 shares of the company’s stock in a transaction dated Friday, January 9th. The shares were purchased at an average cost of GBX 38 per share, for a total transaction of £98,800. Also, insider Gavin Petken bought 113,147 shares of the company’s stock in a transaction dated Wednesday, January 21st. The shares were acquired at an average price of GBX 27 per share, for a total transaction of £30,549.69. Over the last three months, insiders have bought 447,496 shares of company stock worth $14,942,392. Corporate insiders own 40.87% 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.