Victorian Plumbing Group (LON:VIC) Earns “Buy” Rating from Canaccord Genuity Group

Canaccord Genuity Group restated their buy rating on shares of Victorian Plumbing Group (LON:VIC) in a report released on Tuesday morning, Marketbeat Ratings reports. Canaccord Genuity Group currently has a GBX 132 ($1.72) price objective on the stock.

Victorian Plumbing Group Stock Up 1.8 %

Shares of LON:VIC opened at GBX 112.50 ($1.47) on Tuesday. The company has a market cap of £366.41 million, a price-to-earnings ratio of 2,812.50, a PEG ratio of 0.51 and a beta of 1.03. Victorian Plumbing Group has a 12 month low of GBX 72 ($0.94) and a 12 month high of GBX 112.50 ($1.47). The company has a current ratio of 1.57, a quick ratio of 1.05 and a debt-to-equity ratio of 89.32. The company has a 50-day moving average price of GBX 101.54 and a 200 day moving average price of GBX 91.84.

Insider Transactions at Victorian Plumbing Group

In related news, insider Mark Radcliffe sold 2,700,000 shares of the firm’s stock in a transaction on Friday, August 23rd. The stock was sold at an average price of GBX 100 ($1.31), for a total value of £2,700,000 ($3,525,724.73). Company insiders own 62.35% of the company’s stock.

About Victorian Plumbing Group

Victorian Plumbing Group plc operates as an online retailer of bathroom products and accessories in the United Kingdom. The company was incorporated in 2021 and is headquartered in Skelmersdale, the United Kingdom.