Vesuvius (LON:VSVS) Stock Price Down 12.8% – Here’s What Happened

Shares of Vesuvius plc (LON:VSVS) were down 12.8% during mid-day trading on Monday . The stock traded as low as GBX 389.40 and last traded at GBX 394. 3,481,256 shares changed hands during mid-day trading, an increase of 132% from the average session volume of 1,501,870 shares. The stock had previously closed at GBX 452.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Peel Hunt restated a “buy” rating and issued a GBX 525 target price on shares of Vesuvius in a research note on Monday. Jefferies Financial Group reiterated a “buy” rating and set a GBX 520 price target on shares of Vesuvius in a research report on Monday. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of GBX 473.75.

Vesuvius Price Performance

The stock’s fifty day moving average is GBX 455.68 and its 200-day moving average is GBX 446.95. The stock has a market capitalization of £970.02 million, a PE ratio of 18.85, a P/E/G ratio of 0.57 and a beta of 1.15. The company has a debt-to-equity ratio of 57.10, a current ratio of 2.35 and a quick ratio 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.