Victrex (OTCMKTS:VTXPF) Shares Gap Up – Still a Buy?

Victrex PLC (OTCMKTS:VTXPF) gapped up before the market opened on Wednesday . The stock had previously closed at $7.8350, but opened at $10.80. Victrex shares last traded at $10.80, with a volume of 200 shares traded.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Morgan Stanley restated an “overweight” rating on shares of Victrex in a research note on Wednesday, October 15th. Barclays cut Victrex from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 12th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Victrex presently has a consensus rating of “Moderate Buy”.

Victrex Stock Performance

The stock has a 50 day moving average price of $8.47 and a two-hundred day moving average price of $9.26. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.23 and a current ratio of 3.01.

Victrex Company Profile

Victrex plc is a UK-based specialist in high-performance polymer solutions, best known for its polyether ether ketone (PEEK) thermoplastic. Headquartered in Thornton-Cleveleys, Lancashire, the company focuses on the development, manufacture and global distribution of advanced polymer materials engineered for demanding environments. Victrex’s PEEK products deliver a combination of mechanical strength, chemical resistance and thermal stability, making them a preferred choice in sectors requiring long-term reliability under extreme conditions.

The company’s portfolio encompasses a range of PEEK-based offerings, including polymer granules, compounded resins and semi-finished shapes such as rods, tubes and sheets.