Vesuvius (LON:VSVS) Share Price Crosses Below Two Hundred Day Moving Average of $458.47

Vesuvius plc (LON:VSVS - Get Free Report) shares crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 458.47 ($5.71) and traded as low as GBX 455 ($5.66). Vesuvius shares last traded at GBX 457.50 ($5.70), with a volume of 144,384 shares traded.

Analyst Ratings Changes

A number of analysts have recently issued reports on VSVS shares. Berenberg Bank increased their price target on shares of Vesuvius from GBX 480 ($5.98) to GBX 580 ($7.22) and gave the stock a "buy" rating in a research report on Tuesday, March 5th. Jefferies Financial Group reissued a "buy" rating and issued a GBX 675 ($8.40) price target on shares of Vesuvius in a research report on Thursday, February 29th.

Vesuvius Price Performance

The stock has a market cap of £1.24 billion, a price-to-earnings ratio of 1,048.86, a P/E/G ratio of 0.57 and a beta of 1.30. The stock's 50 day simple moving average is GBX 484 and its two-hundred day simple moving average is GBX 458.71. The company has a debt-to-equity ratio of 30.47, a current ratio of 1.95 and a quick ratio of 1.20.

Vesuvius Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, May 31st. Investors of record on Thursday, April 18th will be issued a GBX 16.20 ($0.20) dividend. This represents a dividend yield of 3.33%. This is a boost from Vesuvius's previous dividend of $6.80. The ex-dividend date of this dividend is Thursday, April 18th. Vesuvius's payout ratio is currently 5,227.27%.

Insider Activity at Vesuvius

In related news, insider Patrick André sold 66,184 shares of Vesuvius stock in a transaction dated Monday, March 18th. The stock was sold at an average price of GBX 484 ($6.03), for a total value of £320,330.56 ($398,768.28). In other Vesuvius news, insider Patrick André sold 66,184 shares of the business's stock in a transaction dated Monday, March 18th. The stock was sold at an average price of GBX 484 ($6.03), for a total transaction of £320,330.56 ($398,768.28). Also, insider Mark Collis acquired 8,228 shares of the company's stock in a transaction on Thursday, February 29th. The shares were purchased at an average cost of GBX 484 ($6.03) per share, with a total value of £39,823.52 ($49,574.90). 1.34% of the stock is currently owned by company insiders.

About Vesuvius

Vesuvius plc provides molten metal flow engineering and technology services to steel and foundry 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.