Vesuvius (LON:VSVS) Share Price Passes Below Two Hundred Day Moving Average – Should You Sell?

Vesuvius plc (LON:VSVS) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 403.86 ($5.01) and traded as low as GBX 403 ($5.00). Vesuvius shares last traded at GBX 405 ($5.02), with a volume of 537,118 shares trading hands.

Analyst Ratings Changes

Separately, Berenberg Bank upped their target price on Vesuvius from GBX 530 ($6.57) to GBX 580 ($7.20) and gave the stock a “buy” rating in a report on Tuesday, December 10th.

Vesuvius Stock Performance

The firm has a market capitalization of £1.05 billion, a P/E ratio of 1,034.62, a PEG ratio of 0.57 and a beta of 1.20. The company has a debt-to-equity ratio of 39.26, a quick ratio of 1.20 and a current ratio of 1.57. The company has a 50-day simple moving average of GBX 415.19 and a two-hundred day simple moving average of GBX 403.86.

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.