Vesuvius (LON:VSVS) Share Price Passes Below 200 Day Moving Average of $459.80

Vesuvius plc (LON:VSVS)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 459.80 ($6.14) and traded as low as GBX 386 ($5.15). Vesuvius shares last traded at GBX 386.50 ($5.16), with a volume of 213,090 shares changing hands.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a GBX 490 ($6.54) price objective on shares of Vesuvius in a research report on Wednesday, July 3rd. Berenberg Bank decreased their price objective on shares of Vesuvius from GBX 580 ($7.74) to GBX 530 ($7.07) and set a “buy” rating for the company in a research report on Wednesday, August 28th.

Vesuvius Stock Performance

The stock has a market capitalization of £1.01 billion, a PE ratio of 991.03, a price-to-earnings-growth ratio of 0.57 and a beta of 1.20. The firm’s fifty day moving average is GBX 419.03 and its 200-day moving average is GBX 459.80. The company has a current ratio of 1.57, a quick ratio of 1.20 and a debt-to-equity ratio of 39.26.

Vesuvius Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 13th. Stockholders of record on Thursday, August 8th were given a dividend of GBX 7.10 ($0.09) per share. This represents a dividend yield of 1.47%. The ex-dividend date was Thursday, August 8th. Vesuvius’s dividend payout ratio is presently 5,897.44%.

Insider Transactions at Vesuvius

In other Vesuvius news, insider Mark Collis purchased 4,605 shares of the stock in a transaction that occurred on Thursday, August 1st. The stock was purchased at an average cost of GBX 432 ($5.77) per share, with a total value of £19,893.60 ($26,553.12). Corporate insiders own 1.34% of the company’s stock.

Vesuvius Company Profile

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.