Vesuvius (LON:VSVS) Shares Pass Above 200 Day Moving Average – Time to Sell?

Vesuvius plc (LON:VSVS) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 422.19 and traded as high as GBX 443.80. Vesuvius shares last traded at GBX 438.40, with a volume of 131,039 shares changing hands.

Analysts Set New Price Targets

Separately, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 545 price target on shares of Vesuvius in a report on Wednesday, April 15th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of GBX 466.25.

Vesuvius Price Performance

The company has a market cap of £1.08 billion, a P/E ratio of 20.99, a PEG ratio of 0.57 and a beta of 1.15. The company has a fifty day simple moving average of GBX 426.69 and a 200-day simple moving average of GBX 422.19. The company has a debt-to-equity ratio of 57.10, a current ratio of 2.35 and a quick ratio of 1.20.

Vesuvius (LON:VSVS) last posted its quarterly 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%. On average, sell-side analysts predict that Vesuvius plc will post 51.3945695 earnings per share for the current year.

Insiders Place Their Bets

In other Vesuvius news, insider Mark Collis sold 320 shares of Vesuvius 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. Insiders own 25.13% of the company’s stock.

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.