RHI Magnesita (LON:RHIM) Trading Up 1% - Here's Why

RHI Magnesita (LON:RHIM - Get Free Report) shot up 1% on Tuesday . The company traded as high as GBX 3,180 ($40.57) and last traded at GBX 3,175 ($40.50). 12,641 shares were traded during trading, a decline of 45% from the average session volume of 22,851 shares. The stock had previously closed at GBX 3,145 ($40.12).

RHI Magnesita Stock Down 0.3 %

The company has a current ratio of 1.91, a quick ratio of 0.93 and a debt-to-equity ratio of 134.00. The firm's fifty day moving average price is GBX 3,214.21 and its 200-day moving average price is GBX 3,343. The company has a market cap of £1.49 billion, a price-to-earnings ratio of 985.98, a price-to-earnings-growth ratio of 2.03 and a beta of 1.53.

Insider Buying and Selling at RHI Magnesita

In related news, insider Karl Sevelda acquired 1,000 shares of the stock in a transaction dated Friday, October 4th. The stock was bought at an average price of GBX 3,390 ($43.25) per share, with a total value of £33,900 ($43,245.31). Insiders own 42.23% of the company's stock.

About RHI Magnesita

RHI Magnesita N.V., together with its subsidiaries, develops, produces, sells, installs, and maintains refractory products and systems used in industrial high-temperature processes worldwide. It offers magnesia spinel, dolomite, dolomite-magnesia, magnesia-chrome, alumina, alumina silicate, and mortars for the cement industry; shaped products based on silicon carbide, magnesia, zirconium, fireclay, and alumina; unshaped refractories; high-temperature insulation, and ceramic and metallic anchoring systems; induction and electric arc furnaces, AOD converters, dome and delta, ladles, isostatically pressed and tundish products, and slide gates.