Vesuvius (LON:VSVS) Stock Price Crosses Below 200 Day Moving Average – Here’s Why

Vesuvius plc (LON:VSVSGet Free Report)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 407.74 and traded as low as GBX 393.20. Vesuvius shares last traded at GBX 394, with a volume of 366,686 shares traded.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. lifted their price objective on shares of Vesuvius from GBX 340 to GBX 390 and gave the company a “neutral” rating in a research note on Thursday, December 4th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Vesuvius presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 467.50.

Read Our Latest Stock Analysis on Vesuvius

Vesuvius Stock Down 2.5%

The business has a 50-day simple moving average of GBX 453.10 and a two-hundred day simple moving average of GBX 407.74. The company has a market capitalization of £962.62 million, a price-to-earnings ratio of 14.33, a PEG ratio of 0.57 and a beta of 1.05. The company has a debt-to-equity ratio of 57.10, a quick ratio of 1.20 and a current ratio of 2.35.

Vesuvius (LON:VSVSGet Free Report) last released its earnings results on Thursday, March 12th. The company reported GBX 34.20 earnings per share (EPS) for the quarter. Vesuvius had a return on equity of 4.75% and a net margin of 2.88%. As a group, equities analysts predict that Vesuvius plc will post 51.3945695 EPS for the current year.

Insider Transactions at Vesuvius

In other Vesuvius news, insider Mark Collis sold 320 shares of the business’s stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of GBX 434, for a total value of £1,388.80. Corporate insiders own 25.13% of the company’s stock.

Vesuvius Company Profile

(Get Free Report)

We are a global leader in metal flow engineering, providing a full range of engineering services and solutions to its customers worldwide, principally serving the steel and foundry industries.

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