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Vesuvius (LON:VSVS) Stock Crosses Below 200 Day Moving Average - Here's Why

Vesuvius logo with Basic Materials background

Shares of Vesuvius plc (LON:VSVS - Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 408.93 ($5.03) and traded as low as GBX 408.68 ($5.03). Vesuvius shares last traded at GBX 410.77 ($5.06), with a volume of 498,868 shares trading hands.

Analysts Set New Price Targets

Separately, Berenberg Bank raised their price objective on shares of Vesuvius from GBX 530 ($6.52) to GBX 580 ($7.14) and gave the company a "buy" rating in a research report on Tuesday, December 10th.

Check Out Our Latest Stock Report on Vesuvius

Vesuvius Stock Performance

The firm has a market capitalization of £1.06 billion, a price-to-earnings ratio of 1,043.58, a P/E/G ratio of 0.57 and a beta of 1.20. The stock's fifty day moving average is GBX 411.88 and its two-hundred day moving average is GBX 408.93. The company has a quick ratio of 1.20, a current ratio of 1.57 and a debt-to-equity ratio of 39.26.

About Vesuvius

(Get Free Report)

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.

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