Vesuvius (LON:VSVS) Share Price Passes Above Two Hundred Day Moving Average – Here’s Why

Vesuvius plc (LON:VSVS) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 400.74 ($5.13) and traded as high as GBX 416.50 ($5.33). Vesuvius shares last traded at GBX 399.69 ($5.11), with a volume of 883,143 shares traded.

Analyst Ratings Changes

Separately, Berenberg Bank boosted their price target on Vesuvius from GBX 530 ($6.78) to GBX 580 ($7.42) and gave the stock a “buy” rating in a research report on Tuesday, December 10th.

Vesuvius Stock Up 2.8 %

The firm has a 50-day moving average price of GBX 410 and a 200 day moving average price of GBX 400.74. The company has a debt-to-equity ratio of 41.62, a current ratio of 1.57 and a quick ratio of 1.20. The company has a market cap of £1.04 billion, a price-to-earnings ratio of 10.54, a P/E/G ratio of 0.57 and a beta of 1.20.

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.