RHI Magnesita (LON:RHIM) Trading Up 1% – Time to Buy?

RHI Magnesita (LON:RHIM)’s stock price traded up 1% on Tuesday . The stock traded as high as GBX 3,180 ($40.63) and last traded at GBX 3,175 ($40.56). 12,641 shares traded hands during mid-day trading, a decline of 45% from the average session volume of 22,851 shares. The stock had previously closed at GBX 3,145 ($40.18).

RHI Magnesita Stock Down 0.5 %

The company has a debt-to-equity ratio of 134.00, a current ratio of 1.91 and a quick ratio of 0.93. The company has a market cap of £1.49 billion, a PE ratio of 989.10, a P/E/G ratio of 2.03 and a beta of 1.53. The business’s 50 day moving average is GBX 3,217.71 and its 200-day moving average is GBX 3,344.25.

Insider Activity

In other RHI Magnesita news, insider Karl Sevelda acquired 1,000 shares of the stock in a transaction dated Friday, October 4th. The stock was acquired at an average cost of GBX 3,390 ($43.31) per share, with a total value of £33,900 ($43,311.61). Company insiders own 42.23% of the company’s stock.

About RHI Magnesita

RHI Magnesita N.V., together with its subsidiaries, develops, produces, sells, installs, and maintains refractory products and systems used in industrial high-temperature processes worldwide. It offers magnesia spinel, dolomite, dolomite-magnesia, magnesia-chrome, alumina, alumina silicate, and mortars for the cement industry; shaped products based on silicon carbide, magnesia, zirconium, fireclay, and alumina; unshaped refractories; high-temperature insulation, and ceramic and metallic anchoring systems; induction and electric arc furnaces, AOD converters, dome and delta, ladles, isostatically pressed and tundish products, and slide gates.