Vesuvius (LON:VSVS) Shares Cross Below 200 Day Moving Average – What’s Next?

Vesuvius plc (LON:VSVS) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 403.86 ($5.01) and traded as low as GBX 403 ($5.00). Vesuvius shares last traded at GBX 405 ($5.02), with a volume of 537,118 shares.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank increased their price objective on shares of Vesuvius from GBX 530 ($6.57) to GBX 580 ($7.20) and gave the company a “buy” rating in a research note on Tuesday, December 10th.

Vesuvius Stock Performance

The firm has a fifty day moving average price of GBX 415.19 and a 200 day moving average price of GBX 403.86. The company has a current ratio of 1.57, a quick ratio of 1.20 and a debt-to-equity ratio of 39.26. The firm has a market cap of £1.05 billion, a PE ratio of 1,034.62, a price-to-earnings-growth ratio of 0.57 and a beta of 1.20.

About Vesuvius

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.