Vesuvius (LON:VSVS) Stock Crosses Above Two Hundred Day Moving Average - Here's Why

Vesuvius plc (LON:VSVS - Get Free Report)'s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 400.74 ($5.18) and traded as high as GBX 416.50 ($5.38). Vesuvius shares last traded at GBX 399.69 ($5.17), with a volume of 883,143 shares traded.

Analysts Set New Price Targets

Separately, Berenberg Bank raised their price target on Vesuvius from GBX 530 ($6.85) to GBX 580 ($7.50) and gave the company a "buy" rating in a research report on Tuesday, December 10th.

Vesuvius Trading Down 2.9 %

The company has a quick ratio of 1.20, a current ratio of 1.57 and a debt-to-equity ratio of 41.62. The company has a 50-day moving average price of GBX 409.34 and a 200-day moving average price of GBX 400.83. The company has a market capitalization of £1.03 billion, a price-to-earnings ratio of 10.45, a P/E/G ratio of 0.57 and a beta of 1.20.

Vesuvius (LON:VSVS - Get Free Report) last released its earnings results on Friday, March 7th. The company reported GBX 43.30 ($0.56) earnings per share for the quarter. Vesuvius had a net margin of 5.56% and a return on equity of 8.49%. Research analysts predict that Vesuvius plc will post 51.3945695 EPS for the current fiscal year.

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.