Vesuvius (LON:VSVS) Share Price Passes Below 200 Day Moving Average – What’s Next?

Shares of Vesuvius plc (LON:VSVS) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 416.98 ($5.25) and traded as low as GBX 415 ($5.22). Vesuvius shares last traded at GBX 419.50 ($5.28), with a volume of 114,553 shares traded.

Wall Street Analyst Weigh In

Separately, Berenberg Bank boosted their price objective on Vesuvius from GBX 530 ($6.67) to GBX 580 ($7.30) and gave the company a “buy” rating in a research report on Tuesday, December 10th.

Vesuvius Stock Down 0.1 %

The company has a market capitalization of £1.09 billion, a price-to-earnings ratio of 1,074.36, a P/E/G ratio of 0.57 and a beta of 1.20. The business has a fifty day simple moving average of GBX 397.36 and a two-hundred day simple moving average of GBX 417.01. The company has a quick ratio of 1.20, a current ratio of 1.57 and a debt-to-equity ratio of 39.26.

Vesuvius Company Profile

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.