Vesuvius (LON:VSVS) Share Price Passes Above 200 Day Moving Average - Here's What Happened

Key Points

• Vesuvius shares crossed above their 200-day moving average (200‑day MA GBX 415.88), trading as high as GBX 442.40 and last at GBX 440.80 on a volume of 202,779 shares.
• Analyst sentiment is positive: Jefferies reiterated a Buy with a GBX 545 target, and the consensus rating is "Moderate Buy" with an average target of GBX 466.25 (3 Buys, 1 Hold).
• Key fundamentals: market cap £1.08bn, P/E 21.15 and P/E/G 0.57, recent quarterly EPS GBX 34.20, with a net margin of 2.88%.

Vesuvius plc (LON:VSVS - Get Free Report)'s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 415.88 and traded as high as GBX 442.40. Vesuvius shares last traded at GBX 440.80, with a volume of 202,779 shares changing hands.

Analyst Ratings Changes

Separately, Jefferies Financial Group reiterated a "buy" rating and issued a GBX 545 price objective on shares of Vesuvius in a report on Wednesday, April 15th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Vesuvius presently has an average rating of "Moderate Buy" and a consensus target price of GBX 466.25.

Vesuvius Price Performance

The stock has a market capitalization of £1.08 billion, a price-to-earnings ratio of 21.15, a P/E/G ratio of 0.57 and a beta of 1.13. The company's 50-day simple moving average is GBX 433.25 and its 200-day simple moving average is GBX 415.88. The company has a debt-to-equity ratio of 57.10, a current ratio of 2.35 and a quick ratio of 1.20.

Vesuvius (LON:VSVS - Get Free Report) last posted its earnings results on Thursday, March 12th. The company reported GBX 34.20 EPS for the quarter. Vesuvius had a return on equity of 4.75% and a net margin of 2.88%. Research analysts forecast that Vesuvius plc will post 51.3945695 earnings per share for the current fiscal year.

Insider Transactions at Vesuvius

In other Vesuvius news, insider Mark Collis sold 320 shares of the company's stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of GBX 434, for a total value of £1,388.80. 25.13% of the stock is owned by company insiders.

Vesuvius Company Profile

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.

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