Jakob Sigurdsson Buys 9,000 Shares of Victrex plc (LON:VCT) Stock

Victrex plc (LON:VCT) insider Jakob Sigurdsson bought 9,000 shares of the company’s stock in a transaction that occurred on Thursday, August 1st. The shares were acquired at an average price of GBX 1,090 ($14.02) per share, for a total transaction of £98,100 ($126,189.86).

Jakob Sigurdsson also recently made the following trade(s):

• On Friday, July 5th, Jakob Sigurdsson bought 3,000 shares of Victrex stock. The shares were acquired at an average price of GBX 1,189 ($15.29) per share, for a total transaction of £35,670 ($45,883.71).
• On Friday, May 31st, Jakob Sigurdsson purchased 3,000 shares of Victrex stock. The shares were purchased at an average price of GBX 1,259 ($16.20) per share, for a total transaction of £37,770 ($48,585.03).
• On Tuesday, May 14th, Jakob Sigurdsson purchased 3,000 shares of Victrex stock. The shares were purchased at an average price of GBX 1,312 ($16.88) per share, for a total transaction of £39,360 ($50,630.31).

Victrex Stock Down 3.3 %

Victrex stock opened at GBX 1,052 ($13.53) on Monday. The company has a debt-to-equity ratio of 16.99, a quick ratio of 1.99 and a current ratio of 5.30. The business’s 50-day simple moving average is GBX 1,165.61 and its two-hundred day simple moving average is GBX 1,256.70. The company has a market cap of £915.56 million, a PE ratio of 3,005.71, a PEG ratio of 1.92 and a beta of 0.76. Victrex plc has a fifty-two week low of GBX 1,052 ($13.53) and a fifty-two week high of GBX 1,581 ($20.34).

Victrex Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, May 30th were issued a GBX 13.42 ($0.17) dividend. The ex-dividend date was Thursday, May 30th. This represents a dividend yield of 1.05%. Victrex’s dividend payout ratio (DPR) is presently 17,142.86%.

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.