Victorian Plumbing Group (LON:VIC) Hits New 52-Week High – Still a Buy?

Victorian Plumbing Group plc (LON:VIC) reached a new 52-week high during trading on Friday . The company traded as high as GBX 124 ($1.57) and last traded at GBX 123.50 ($1.57), with a volume of 1628796 shares trading hands. The stock had previously closed at GBX 115 ($1.46).

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on VIC shares. Shore Capital reaffirmed a “buy” rating on shares of Victorian Plumbing Group in a research note on Thursday, November 21st. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 132 ($1.68) price objective on shares of Victorian Plumbing Group in a research note on Tuesday, October 15th.

Victorian Plumbing Group Stock Performance

The stock’s 50 day moving average price is GBX 109.63 and its 200 day moving average price is GBX 99. 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 market cap of £402.24 million, a price-to-earnings ratio of 2,875.00, a P/E/G ratio of 0.51 and a beta of 1.03.

Victorian Plumbing Group Company Profile

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.