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

Key Points

• Vesuvius plc shares have crossed above their 200-day moving average, trading at GBX 373.60 ($5.01) with a recent high of GBX 380 ($5.09).
• Analysts have mixed opinions; Berenberg Bank set a "buy" rating with a price target decrease from GBX 470 to GBX 430, while JPMorgan Chase reduced their target from GBX 380 to GBX 330 and assigned a "neutral" rating.
• The company reported earnings per share of GBX 17.10 with a forecast of approximately 51.39 earnings per share for the current year, and has a market cap of £912.78 million.

Vesuvius plc (LON:VSVS - Get Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 367.21 ($4.92) and traded as high as GBX 380 ($5.09). Vesuvius shares last traded at GBX 373.60 ($5.01), with a volume of 183,489 shares changing hands.

Wall Street Analysts Forecast Growth

VSVS has been the topic of several research analyst reports. Berenberg Bank decreased their price target on shares of Vesuvius from GBX 470 to GBX 430 and set a "buy" rating on the stock in a research note on Thursday, July 24th. JPMorgan Chase & Co. reduced their price target on shares of Vesuvius from GBX 380 to GBX 330 and set a "neutral" rating on the stock in a research report on Friday, July 25th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 380.

Vesuvius Trading Down 0.2%

The company has a debt-to-equity ratio of 41.62, a quick ratio of 1.20 and a current ratio of 1.57. The business's 50-day moving average price is GBX 368.21 and its 200 day moving average price is GBX 367.21. The company has a market cap of £912.78 million, a P/E ratio of 1,358.55, a P/E/G ratio of 0.57 and a beta of 1.20.

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

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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