RHI Magnesita (LON:RHIM) Hits New 1-Year High - Time to Buy?

Shares of RHI Magnesita (LON:RHIM - Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 3,880 ($50.14) and last traded at GBX 3,605 ($46.58), with a volume of 110690 shares. The stock had previously closed at GBX 3,465 ($44.77).

RHI Magnesita Stock Performance

The company has a debt-to-equity ratio of 152.96, a current ratio of 1.91 and a quick ratio of 0.93. The company has a market capitalization of £2.08 billion, a PE ratio of 11.47, a P/E/G ratio of 2.03 and a beta of 1.53. The stock has a 50-day simple moving average of GBX 3,488.63 and a 200 day simple moving average of GBX 3,327.88.

About RHI Magnesita

RHI Magnesita is the leading global supplier of high-grade refractory products, systems and solutions which are critical for high-temperature processes exceeding 1,200°C in a wide range of industries, including steel, cement, non-ferrous metals and glass. With a vertically integrated value chain, from raw materials to refractory products and full performance-based solutions, RHI Magnesita serves customers around the world, with around 22,000 employees in 47 main production sites, 9 recycling facilities and more than 70 sales offices.