Vesuvius (LON:VSVS) Stock Price Passes Below Two Hundred Day Moving Average - Time to Sell?

Key Points

• Vesuvius plc shares have crossed below their 200-day moving average, indicating a potential shift in market sentiment, with the stock currently trading at GBX 376.80 ($5.11).
• Analysts have reduced their price targets for Vesuvius, with Berenberg Bank setting a new target at GBX 430 and JPMorgan lowering theirs to GBX 330.
• The company's recent earnings report showed an earnings per share of GBX 17.10, with analysts projecting an annual EPS of approximately 51.39 for the current fiscal year.

Shares of Vesuvius plc (LON:VSVS - Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 368.33 ($4.98) and traded as low as GBX 368.20 ($4.98). Vesuvius shares last traded at GBX 376.80 ($5.09), with a volume of 252,436 shares changing hands.

Analysts Set New Price Targets

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

Vesuvius Trading Up 0.7%

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 stock has a market cap of £919.64 million, a P/E ratio of 1,368.76, a P/E/G ratio of 0.57 and a beta of 1.20. The stock has a 50-day moving average price of GBX 369.10 and a 200-day moving average price of GBX 367.33.

Vesuvius (LON:VSVS - Get Free Report) last announced its earnings results on Wednesday, August 6th. The company reported GBX 17.10 earnings per share for the quarter. Vesuvius had a net margin of 5.56% and a return on equity of 8.49%. On average, equities research analysts expect 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.