RHI Magnesita (LON:RHIM) Shares Down 1.1% - Should You Sell?

Shares of RHI Magnesita (LON:RHIM - Get Free Report) dropped 1.1% on Wednesday . The stock traded as low as GBX 2,984.99 ($40.74) and last traded at GBX 3,016.69 ($41.17). Approximately 18,805 shares were traded during trading, a decline of 60% from the average daily volume of 47,279 shares. The stock had previously closed at GBX 3,050 ($41.63).

RHI Magnesita Trading Up 0.7%

The firm has a market capitalization of £1.73 billion, a price-to-earnings ratio of 9.53, a PEG ratio of 2.03 and a beta of 1.53. The business's 50-day simple moving average is GBX 2,948.04 and its two-hundred day simple moving average is GBX 3,193.34. The company has a quick ratio of 0.93, a current ratio of 1.91 and a debt-to-equity ratio of 152.96.

RHI Magnesita Company Profile

RHI Magnesita is the leading global supplier of high-grade refractory products, systems and solutions which are critical for high-temperature processes exceeding 1,200°C in a wide range of industries, including steel, cement, non-ferrous metals and glass. With a vertically integrated value chain, from raw materials to refractory products and full performance-based solutions, RHI Magnesita serves customers around the world, with around 22,000 employees in 47 main production sites, 9 recycling facilities and more than 70 sales offices.