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

Vesuvius plc (LON:VSVSGet Free Report)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 406.81 and traded as high as GBX 408.80. Vesuvius shares last traded at GBX 399, with a volume of 8,126,079 shares.

Analyst Upgrades and Downgrades

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

Check Out Our Latest Research Report on VSVS

Vesuvius Price Performance

The company has a current ratio of 2.35, a quick ratio of 1.20 and a debt-to-equity ratio of 57.10. The firm has a market cap of £953.33 million, a price-to-earnings ratio of 14.19, a price-to-earnings-growth ratio of 0.57 and a beta of 1.05. The stock has a 50-day moving average of GBX 455.30 and a two-hundred day moving average of GBX 406.93.

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

Insider Buying and Selling at Vesuvius

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

About Vesuvius

(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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