Vesuvius (LON:VSVS) Stock Price Passes Below Two Hundred Day Moving Average – Here’s Why

Vesuvius plc (LON:VSVS) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 411.94 ($5.04) and traded as low as GBX 393.04 ($4.81). Vesuvius shares last traded at GBX 400.84 ($4.91), with a volume of 575,691 shares trading hands.

Analysts Set New Price Targets

Separately, Berenberg Bank raised their target price on shares of Vesuvius from GBX 530 ($6.49) to GBX 580 ($7.10) and gave the stock a “buy” rating in a report on Tuesday, December 10th.

Vesuvius Trading Up 2.1 %

The stock has a fifty day moving average of GBX 408.57 and a 200-day moving average of GBX 410.53. The company has a market cap of £1.05 billion, a PE ratio of 1,033.28, a PEG ratio of 0.57 and a beta of 1.20. The company has a debt-to-equity ratio of 39.26, a quick ratio of 1.20 and a current ratio of 1.57.

About Vesuvius

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.