Vesuvius (LON:VSVS) Share Price Passes Below 200 Day Moving Average – Here’s Why

Vesuvius plc (LON:VSVS)’s stock price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 442.76 and traded as low as GBX 437. Vesuvius shares last traded at GBX 443.51, with a volume of 120,476 shares trading hands.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 545 target price on shares of Vesuvius in a report on Thursday, May 28th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of GBX 466.25.

Vesuvius Price Performance

The stock has a 50 day moving average price of GBX 454.85 and a two-hundred day moving average price of GBX 442.76. The company has a debt-to-equity ratio of 57.10, a quick ratio of 1.20 and a current ratio of 2.35. The company has a market capitalization of £1.11 billion, a PE ratio of 21.55, a P/E/G ratio of 0.57 and a beta of 1.15.

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.