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

Key Points

• Vesuvius shares moved above their 200-day moving average, trading as high as GBX 459 and last changing hands at GBX 457.64, signaling near-term momentum in the stock.
• Analyst sentiment remains positive, with Jefferies reiterating a buy rating and a GBX 545 price target. The broader consensus is a “Moderate Buy” with an average target of GBX 466.25.
• Latest fundamentals and trading metrics show a market cap of about £1.13 billion, a P/E ratio of 21.90, and the company’s most recent quarterly EPS at GBX 34.20. Analysts expect full-year earnings of roughly 51.39 EPS.

Vesuvius plc (LON:VSVS - Get Free Report)'s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 418.48 and traded as high as GBX 459. Vesuvius shares last traded at GBX 457.64, with a volume of 185,131 shares.

Analysts Set New Price Targets

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

Vesuvius Trading Up 0.4%

The company has a market cap of £1.13 billion, a P/E ratio of 21.90, a PEG ratio of 0.57 and a beta of 1.15. The company has a current ratio of 2.35, a quick ratio of 1.20 and a debt-to-equity ratio of 57.10. The business has a 50 day moving average price of GBX 430.97 and a 200-day moving average price of GBX 418.48.

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

Insiders Place Their Bets

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

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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