Victorian Plumbing Group (LON:VIC) Trading Down 3% – Should You Sell?

Victorian Plumbing Group plc (LON:VIC) fell 3% on Thursday . The stock traded as low as GBX 70.60 and last traded at GBX 70.60. 626,039 shares traded hands during trading, an increase of 196% from the average session volume of 211,806 shares. The stock had previously closed at GBX 72.80.

Analyst Upgrades and Downgrades

VIC has been the subject of a number of recent research reports. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 132 target price on shares of Victorian Plumbing Group in a report on Wednesday, December 3rd. Shore Capital Group reissued a “buy” rating and set a GBX 90 price target on shares of Victorian Plumbing Group in a research note on Wednesday, December 3rd. Deutsche Bank Aktiengesellschaft boosted their price target on Victorian Plumbing Group from GBX 70 to GBX 80 and gave the stock a “hold” rating in a report on Wednesday, December 3rd. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 125 price objective on shares of Victorian Plumbing Group in a report on Wednesday, December 3rd. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of GBX 107.40.

Victorian Plumbing Group Trading Down 3.0%

The company has a market cap of £231.75 million, a P/E ratio of 18.10, a PEG ratio of 0.51 and a beta of 0.90. The firm’s 50 day moving average is GBX 80.94 and its two-hundred day moving average is GBX 74.84. The company has a quick ratio of 1.05, a current ratio of 1.25 and a debt-to-equity ratio of 84.32.

Insider Buying and Selling

In other Victorian Plumbing Group news, insider Daniel Barton sold 54,000 shares of the company’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of GBX 84, for a total value of £45,360. Insiders own 48.16% of the company’s stock.

About Victorian Plumbing Group

Victorian Plumbing is the UK’s leading bathroom retailer, offering a wide range of over 34,000 products to B2C and trade customers. Victorian Plumbing offers its customers a one-stop shop solution for the entire bathroom with more than 130 own and third party brands across a wide spectrum of price points.

The Group’s product design and supply chain strengths are complemented by its creative and brand-focused marketing strategy, which predominantly focuses on online channels to drive significant and growing traffic to its website.

Headquartered in Skelmersdale, the Group employs over 600 staff across ten locations in Lancashire, Manchester and Birmingham.