Vesuvius (LON:VSVS) Shares Pass Below 200-Day Moving Average – Should You Sell?

Vesuvius plc (LON:VSVS)’s share price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 407.74 and traded as low as GBX 393.20. Vesuvius shares last traded at GBX 394, with a volume of 366,686 shares.

Analyst Ratings Changes

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

Vesuvius Stock Performance

The company has a debt-to-equity ratio of 57.10, a current ratio of 2.35 and a quick ratio of 1.20. The stock has a market capitalization of £962.62 million, a PE ratio of 14.33, a P/E/G ratio of 0.57 and a beta of 1.05. The stock has a 50 day moving average of GBX 453.10 and a two-hundred day moving average of GBX 407.74.

Vesuvius (LON:VSVS) last released its quarterly earnings data 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%. Research analysts expect that Vesuvius plc will post 51.3945695 EPS for the current fiscal year.

Insider Activity at Vesuvius

In other news, insider Mark Collis sold 320 shares of the company’s stock in a transaction 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.