Jane Toogood Purchases 508 Shares of Victrex plc (LON:VCT) Stock

Victrex plc (LON:VCT) insider Jane Toogood acquired 508 shares of Victrex stock in a transaction dated Tuesday, September 24th. The shares were purchased at an average cost of GBX 937 ($12.55) per share, with a total value of £4,759.96 ($6,373.81).

Victrex Stock Up 3.1 %

Victrex stock opened at GBX 970 ($12.99) on Friday. The company has a current ratio of 5.30, a quick ratio of 1.99 and a debt-to-equity ratio of 16.99. Victrex plc has a 1-year low of GBX 914.74 ($12.25) and a 1-year high of GBX 1,577 ($21.12). The company has a fifty day simple moving average of GBX 1,012.92 and a 200 day simple moving average of GBX 1,163.74. The company has a market cap of £844.19 million, a P/E ratio of 2,771.43, a price-to-earnings-growth ratio of 1.92 and a beta of 0.69.

Analysts Set New Price Targets

Separately, Berenberg Bank cut their target price on Victrex from GBX 1,491 ($19.97) to GBX 1,290 ($17.27) and set a “hold” rating on the stock in a research note on Wednesday, August 28th.

About Victrex

Victrex plc, through its subsidiaries, engages in the manufacture and sale of polymer solutions worldwide. The company operates through two segments, Sustainable Solutions and Medical. It develops PEEK and PAEK based polymer solutions, and semi-finished and finished parts. The company also provides specialist solutions for medical device manufacturers; sells thermoplastic polymers; sustainable solutions for energy and industrial, VAR, automotive, aerospace, and electronics markets; and engages in trading activities.