Vesuvius (LON:VSVS) Shares Cross Above 200 Day Moving Average of $469.55

Shares of Vesuvius plc (LON:VSVSGet Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 469.55 ($5.90) and traded as high as GBX 500 ($6.28). Vesuvius shares last traded at GBX 494.50 ($6.21), with a volume of 173,546 shares changing hands.

Wall Street Analyst Weigh In

Several equities analysts have commented on VSVS shares. JPMorgan Chase & Co. reissued a “neutral” rating and issued a GBX 460 ($5.78) price target on shares of Vesuvius in a research report on Tuesday, April 23rd. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 675 ($8.48) price objective on shares of Vesuvius in a research report on Thursday, February 29th. Finally, Berenberg Bank lifted their price objective on shares of Vesuvius from GBX 480 ($6.03) to GBX 580 ($7.28) and gave the stock a “buy” rating in a research report on Tuesday, March 5th.

View Our Latest Research Report on Vesuvius

Vesuvius Price Performance

The company’s 50 day moving average is GBX 486.33 and its 200 day moving average is GBX 470.20. The company has a current ratio of 1.95, a quick ratio of 1.20 and a debt-to-equity ratio of 30.47. The stock has a market capitalization of £1.33 billion, a price-to-earnings ratio of 1,131.82, a price-to-earnings-growth ratio of 0.57 and a beta of 1.29.

Vesuvius Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, May 31st. Investors of record on Thursday, April 18th will be paid a dividend of GBX 16.20 ($0.20) per share. This is a positive change from Vesuvius’s previous dividend of $6.80. This represents a yield of 3.33%. The ex-dividend date of this dividend is Thursday, April 18th. Vesuvius’s dividend payout ratio (DPR) is currently 5,227.27%.

Insider Buying and Selling

In other Vesuvius news, insider Mark Collis acquired 8,228 shares of the company’s stock in a transaction on Thursday, February 29th. The shares were bought at an average cost of GBX 484 ($6.08) per share, for a total transaction of £39,823.52 ($50,016.98). In related news, insider Patrick André sold 66,184 shares of the business’s stock in a transaction dated Monday, March 18th. The shares were sold at an average price of GBX 484 ($6.08), for a total transaction of £320,330.56 ($402,324.24). Also, insider Mark Collis acquired 8,228 shares of the firm’s stock in a transaction that occurred on Thursday, February 29th. The shares were bought at an average cost of GBX 484 ($6.08) per share, for a total transaction of £39,823.52 ($50,016.98). 1.35% of the stock is owned by company insiders.

Vesuvius Company Profile

(Get Free Report)

Vesuvius plc provides molten metal flow engineering and technology services to steel and foundry casting industries worldwide. It operates through Flow Control, Sensor & Probes, and Advanced Refractories segments. The company provides consumables and equipment, which includes binders, coatings, feeding systems, filtration and gating systems, melt shop refractories, metallurgical and pouring control systems, die dressings and coatings, melt treatment products, crucibles, and ceramics for the iron, steel, and nonferrous foundries.

Further Reading

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