Vesuvius (LON:VSVS) Share Price Passes Above Two Hundred Day Moving Average – What’s Next?

Shares of Vesuvius plc (LON:VSVS) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 401.77 ($5.06) and traded as high as GBX 419 ($5.27). Vesuvius shares last traded at GBX 412.50 ($5.19), with a volume of 240,142 shares trading hands.

Wall Street Analyst Weigh In

Separately, Berenberg Bank increased their price objective on Vesuvius from GBX 530 ($6.67) to GBX 580 ($7.30) and gave the company a “buy” rating in a report on Tuesday, December 10th.

Vesuvius Stock Down 0.4 %

The company has a market cap of £1.05 billion, a PE ratio of 10.67, a P/E/G ratio of 0.57 and a beta of 1.20. The business has a 50-day simple moving average of GBX 413.58 and a 200-day simple moving average of GBX 401.77. The company has a quick ratio of 1.20, a current ratio of 1.57 and a debt-to-equity ratio of 41.62.

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.