Vesuvius (LON:VSVS) Stock Passes Below Two Hundred Day Moving Average – Should You Sell?

Shares of Vesuvius plc (LON:VSVS) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 415.12 ($5.16) and traded as low as GBX 411 ($5.11). Vesuvius shares last traded at GBX 411 ($5.11), with a volume of 94,698 shares trading hands.

Analysts Set New Price Targets

Separately, Berenberg Bank raised their price target on shares of Vesuvius from GBX 530 ($6.58) to GBX 580 ($7.20) and gave the stock a “buy” rating in a research report on Tuesday, December 10th.

Vesuvius Price Performance

The stock has a market capitalization of £1.07 billion, a price-to-earnings ratio of 1,053.85, a P/E/G ratio of 0.57 and a beta of 1.20. The company has a fifty day simple moving average of GBX 401.61 and a 200 day simple moving average of GBX 414.73. 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.