Vesuvius plc (LON:VSVS) Insider Sells £609,983.40 in Stock

Vesuvius plc (LON:VSVS) insider Patrick André sold 156,406 shares of the firm’s stock in a transaction on Monday, March 17th. The stock was sold at an average price of GBX 390 ($5.06), for a total value of £609,983.40 ($790,953.58).

Vesuvius Price Performance

Shares of LON:VSVS opened at GBX 395 ($5.12) on Friday. The company has a current ratio of 1.57, a quick ratio of 1.20 and a debt-to-equity ratio of 41.62. Vesuvius plc has a 1 year low of GBX 349 ($4.53) and a 1 year high of GBX 509 ($6.60). The business has a fifty day simple moving average of GBX 405.16 and a 200 day simple moving average of GBX 399.60. The firm has a market cap of £1.01 billion, a price-to-earnings ratio of 10.22, a P/E/G ratio of 0.57 and a beta of 1.20.

Vesuvius (LON:VSVS) last announced its quarterly earnings data on Friday, March 7th. The company reported GBX 43.30 ($0.56) earnings per share (EPS) for the quarter. Vesuvius had a return on equity of 8.49% and a net margin of 5.56%. As a group, sell-side analysts predict that Vesuvius plc will post 51.3945695 earnings per share for the current fiscal year.

Vesuvius Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, June 6th. Investors of record on Thursday, April 24th will be issued a dividend of GBX 16.40 ($0.21) per share. This represents a dividend yield of 4.14%. This is a positive change from Vesuvius’s previous dividend of $7.10. The ex-dividend date of this dividend is Thursday, April 24th. Vesuvius’s dividend payout ratio (DPR) is currently 59.48%.

Analyst Ratings Changes

Separately, Berenberg Bank raised their target price on Vesuvius from GBX 530 ($6.87) to GBX 580 ($7.52) and gave the stock a “buy” rating in a research report on Tuesday, December 10th.

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.