Victrex (OTCMKTS:VTXPF) Stock Price Down 0.4% – Should You Sell?

Victrex plc (OTCMKTS:VTXPF) shares were down 0.4% during mid-day trading on Thursday . The company traded as low as $12.50 and last traded at $12.50. Approximately 250 shares changed hands during mid-day trading, an increase of 3,233% from the average daily volume of 8 shares. The stock had previously closed at $12.55.

Analyst Ratings Changes

Separately, Morgan Stanley initiated coverage on Victrex in a research note on Tuesday, February 4th. They issued an “overweight” rating on the stock.

Victrex Stock Performance

The company has a current ratio of 4.39, a quick ratio of 1.88 and a debt-to-equity ratio of 0.09. The firm has a 50-day moving average of $12.25 and a 200 day moving average of $12.18.

Victrex Company Profile

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.