Vesuvius (LON:VSVS) Stock Price Crosses Below 200-Day Moving Average - What's Next?

Key Points

• Vesuvius plc's share price has fallen below its 200-day moving average of GBX 372.25, trading at GBX 362.78, signaling potential weakness in the stock.
• Analyst ratings show a mixed outlook with JPMorgan lowering its target price to GBX 330 and a current consensus rating of "Moderate Buy" with a target of GBX 380.
• The company reported earnings per share of GBX 17.10 for the last quarter, with an anticipated total for the current year projected at 51.39 EPS.

Vesuvius plc (LON:VSVS - Get Free Report) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 372.25 ($5.03) and traded as low as GBX 362.78 ($4.90). Vesuvius shares last traded at GBX 372.40 ($5.03), with a volume of 229,696 shares changing hands.

Analysts Set New Price Targets

Several research firms recently issued reports on VSVS. Berenberg Bank reduced their price target on Vesuvius from GBX 470 to GBX 430 and set a "buy" rating for the company in a research note on Thursday, July 24th. JPMorgan Chase & Co. reduced their price target on Vesuvius from GBX 380 to GBX 330 and set a "neutral" rating for the company in a research note on Friday, July 25th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat, Vesuvius presently has an average rating of "Moderate Buy" and an average price target of GBX 380.

Vesuvius Trading Up 1.6%

The company has a current ratio of 1.57, a quick ratio of 1.20 and a debt-to-equity ratio of 41.62. The firm has a market capitalization of £958.28 million, a P/E ratio of 9.69, a P/E/G ratio of 0.57 and a beta of 1.20. The firm has a 50-day moving average of GBX 372.94 and a two-hundred day moving average of GBX 371.95.

Vesuvius (LON:VSVS - Get Free Report) last announced its quarterly earnings data on Wednesday, August 6th. The company reported GBX 17.10 earnings per share for the quarter. Vesuvius had a return on equity of 8.49% and a net margin of 5.56%. On average, analysts anticipate that Vesuvius plc will post 51.3945695 EPS for the current year.

About Vesuvius

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.