Vesuvius (LON:VSVS) Shares Pass Below 200-Day Moving Average of $481.10

Vesuvius plc (LON:VSVS)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 481.10 ($6.11) and traded as low as GBX 475 ($6.04). Vesuvius shares last traded at GBX 476 ($6.05), with a volume of 637,890 shares changing hands.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on VSVS. Berenberg Bank boosted their price objective on shares of Vesuvius from GBX 480 ($6.10) to GBX 580 ($7.37) and gave the company a “buy” rating in a research report on Tuesday, March 5th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 675 ($8.58) target price on shares of Vesuvius in a research report on Thursday, February 29th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a GBX 460 ($5.84) target price on shares of Vesuvius in a research report on Tuesday, April 23rd.

Vesuvius Price Performance

The business’s 50 day moving average price is GBX 483.19 and its 200 day moving average price is GBX 481.10. The stock has a market capitalization of £1.27 billion, a P/E ratio of 1,081.82, a price-to-earnings-growth ratio of 0.57 and a beta of 1.29. The company has a debt-to-equity ratio of 30.47, a current ratio of 1.95 and a quick ratio of 1.20.

About Vesuvius

Vesuvius plc provides molten metal flow engineering and technology services to steel and foundry casting industries worldwide. It operates through Flow Control, Sensor & Probes, and Advanced Refractories segments. The company provides consumables and equipment, which includes binders, coatings, feeding systems, filtration and gating systems, melt shop refractories, metallurgical and pouring control systems, die dressings and coatings, melt treatment products, crucibles, and ceramics for the iron, steel, and nonferrous foundries.