RHI Magnesita (LON:RHIM) Stock Price Up 1.1% - Here's What Happened

RHI Magnesita (LON:RHIM - Get Free Report)'s share price shot up 1.1% on Thursday . The company traded as high as GBX 3,735 ($46.99) and last traded at GBX 3,710 ($46.67). 76,627 shares were traded during trading, an increase of 381% from the average session volume of 15,939 shares. The stock had previously closed at GBX 3,670 ($46.17).

RHI Magnesita Stock Down 0.3 %

The company's 50 day simple moving average is GBX 3,361.93 and its 200-day simple moving average is GBX 3,317.22. The company has a debt-to-equity ratio of 152.96, a quick ratio of 0.93 and a current ratio of 1.91. The firm has a market capitalization of £2.11 billion, a PE ratio of 11.66, a PEG ratio of 2.03 and a beta of 1.53.

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.