Vesuvius (LON:VSVS) Shares Pass Above 200-Day Moving Average – Should You Sell?

Vesuvius plc (LON:VSVS) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 415.88 and traded as high as GBX 442.40. Vesuvius shares last traded at GBX 440.80, with a volume of 202,779 shares traded.

Analysts Set New Price Targets

Separately, Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 545 target price on shares of Vesuvius in a research report on Wednesday, April 15th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of GBX 466.25.

Vesuvius Stock Performance

The firm has a market capitalization of £1.07 billion, a PE ratio of 20.86, a price-to-earnings-growth ratio of 0.57 and a beta of 1.13. The company has a debt-to-equity ratio of 57.10, a current ratio of 2.35 and a quick ratio of 1.20. The stock has a 50-day moving average price of GBX 433.25 and a 200-day moving average price of GBX 415.88.

Vesuvius (LON:VSVS) last announced its earnings results on Thursday, March 12th. The company reported GBX 34.20 earnings per share (EPS) for the quarter. Vesuvius had a return on equity of 4.75% and a net margin of 2.88%. On average, research analysts expect that Vesuvius plc will post 51.3945695 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Mark Collis sold 320 shares of the business’s stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of GBX 434, for a total value of £1,388.80. 25.13% of the stock is currently owned by corporate insiders.

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.