RHI Magnesita (LON:RHIM) Shares Up 0.3% - Still a Buy?

RHI Magnesita (LON:RHIM - Get Free Report) shares rose 0.3% on Wednesday . The stock traded as high as GBX 2,990 ($40.18) and last traded at GBX 2,945 ($39.58). Approximately 20,048 shares changed hands during trading, a decline of 54% from the average daily volume of 43,536 shares. The stock had previously closed at GBX 2,935 ($39.44).

RHI Magnesita Stock Performance

The company has a quick ratio of 0.93, a current ratio of 1.91 and a debt-to-equity ratio of 152.96. The stock has a market cap of £1.66 billion, a price-to-earnings ratio of 9.19, a P/E/G ratio of 2.03 and a beta of 1.53. The company has a 50 day simple moving average of GBX 2,907.58 and a 200 day simple moving average of GBX 3,165.62.

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.