Vesuvius (LON:VSVS) Sets New 1-Year High at $504.68

Vesuvius plc (LON:VSVSGet Free Report) hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 504.68 ($6.34) and last traded at GBX 489.50 ($6.14), with a volume of 408422 shares traded. The stock had previously closed at GBX 495.20 ($6.22).

Analyst Ratings Changes

Several brokerages have commented on VSVS. Berenberg Bank upped their price objective on shares of Vesuvius from GBX 480 ($6.03) to GBX 580 ($7.28) and gave the stock a “buy” rating in a report on Tuesday, March 5th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 675 ($8.47) target price on shares of Vesuvius in a research report on Thursday, February 29th.

Read Our Latest Research Report on VSVS

Vesuvius Price Performance

The stock’s 50-day moving average price is GBX 482.84 and its two-hundred day moving average price is GBX 454.82. The stock has a market capitalization of £1.31 billion, a PE ratio of 1,112.50, a P/E/G ratio of 0.57 and a beta of 1.30. The company has a debt-to-equity ratio of 30.47, a quick ratio of 1.20 and a current ratio of 1.95.

Vesuvius Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, May 31st. Investors of record on Thursday, April 18th will be given a dividend of GBX 16.20 ($0.20) per share. This represents a yield of 3.33%. This is an increase from Vesuvius’s previous dividend of $6.80. The ex-dividend date is Thursday, April 18th. Vesuvius’s dividend payout ratio is 5,227.27%.

Insider Activity at Vesuvius

In other news, insider Mark Collis acquired 8,228 shares of the business’s stock in a transaction that occurred on Thursday, February 29th. The shares were bought at an average cost of GBX 484 ($6.08) per share, with a total value of £39,823.52 ($49,991.87). In related news, insider Patrick André sold 66,184 shares of the stock in a transaction dated Monday, March 18th. The shares were sold at an average price of GBX 484 ($6.08), for a total transaction of £320,330.56 ($402,122.22). Also, insider Mark Collis bought 8,228 shares of the stock in a transaction on Thursday, February 29th. The shares were bought at an average price of GBX 484 ($6.08) per share, for a total transaction of £39,823.52 ($49,991.87). 1.34% of the stock is currently owned by insiders.

Vesuvius Company Profile

(Get Free Report)

Vesuvius plc provides molten metal flow engineering and technology services to steel and foundry industries worldwide. It operates through Flow Control, Sensor & Probes, and Advanced Refractories segments. The company provides consumables and equipment, which includes binders, coatings, feeding systems, filtration and gating systems, melt shop refractories, metallurgical and pouring control systems, die dressings and coatings, melt treatment products, crucibles, and ceramics for the iron, steel, and nonferrous foundries.

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