Vesuvius (LON:VSVS) Stock Passes Above 200-Day Moving Average – Here’s What Happened

Shares of Vesuvius plc (LON:VSVS) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 419.87 ($5.28) and traded as high as GBX 427.50 ($5.37). Vesuvius shares last traded at GBX 419.51 ($5.27), with a volume of 234,295 shares trading hands.

Analysts Set New Price Targets

Separately, Berenberg Bank increased their target price on shares of Vesuvius from GBX 530 ($6.66) to GBX 580 ($7.29) and gave the company a “buy” rating in a research note on Tuesday, December 10th.

Vesuvius Stock Performance

The company has a quick ratio of 1.20, a current ratio of 1.57 and a debt-to-equity ratio of 39.26. The business has a 50 day moving average price of GBX 392.54 and a 200 day moving average price of GBX 419.87. The stock has a market cap of £1.08 billion, a P/E ratio of 1,061.54, a PEG ratio of 0.57 and a beta of 1.20.

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.