Vesuvius (LON:VSVS) Sets New 12-Month High – Here’s What Happened

Vesuvius plc (LON:VSVS)’s share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 506 and last traded at GBX 499.11, with a volume of 331532 shares traded. The stock had previously closed at GBX 490.60.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Jefferies Financial Group increased their price target on shares of Vesuvius from GBX 500 to GBX 550 and gave the company a “buy” rating in a research note on Wednesday, November 12th. JPMorgan Chase & Co. raised their price target on Vesuvius from GBX 340 to GBX 390 and gave the company a “neutral” rating in a research note on Thursday, December 4th. Berenberg Bank raised their price objective on Vesuvius from GBX 430 to GBX 460 and gave the stock a “buy” rating in a report on Tuesday, November 11th. Finally, Peel Hunt reissued a “buy” rating and set a GBX 470 price objective on shares of Vesuvius in a research report on Tuesday, November 11th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Vesuvius has a consensus rating of “Moderate Buy” and a consensus price target of GBX 467.50.

Vesuvius Stock Down 0.1%

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 firm’s 50-day moving average is GBX 441.96 and its 200 day moving average is GBX 398.22. The firm has a market capitalization of £1.23 billion, a PE ratio of 18.27, a price-to-earnings-growth 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.