Insider Buying: Victoria (LON:VCP) Insider Buys 260,000 Shares of Stock

Victoria PLC (LON:VCP) insider Stephen James Callaghan acquired 260,000 shares of the stock in a transaction dated Friday, January 9th. The stock was bought at an average cost of GBX 38 per share, with a total value of £98,800.

Victoria Stock Performance

LON VCP opened at GBX 35.72 on Tuesday. The business’s 50 day moving average price is GBX 39.97 and its 200-day moving average price is GBX 59.76. Victoria PLC has a fifty-two week low of GBX 29.42 and a fifty-two week high of GBX 150.73. The company has a market cap of £41.21 million, a P/E ratio of 0.01 and a beta of 0.98. The company has a debt-to-equity ratio of -4,210.81, a quick ratio of 0.79 and a current ratio of 1.43.

Victoria (LON:VCP) last posted its quarterly earnings data on Wednesday, December 17th. The company reported GBX (11.95) earnings per share for the quarter. Victoria had a negative net margin of 8.48% and a negative return on equity of 356.44%. Sell-side analysts predict that Victoria PLC will post 15.8739255 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 170 price objective on shares of Victoria in a research note on Thursday, November 6th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Victoria currently has a consensus rating of “Buy” and a consensus price target of GBX 170.

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.