Vesuvius (LON:VSVS) Share Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Shares of Vesuvius plc (LON:VSVS) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 402.71 and traded as high as GBX 459. Vesuvius shares last traded at GBX 447, with a volume of 566,986 shares trading hands.

Analyst Upgrades and Downgrades

VSVS has been the subject of a number of research reports. Berenberg Bank upped their target price on shares of Vesuvius from GBX 430 to GBX 460 and gave the stock a “buy” rating in a report on Tuesday, November 11th. Peel Hunt reaffirmed a “buy” rating and set a GBX 470 price objective on shares of Vesuvius in a research note on Tuesday, November 11th. JPMorgan Chase & Co. increased their price objective on shares of Vesuvius from GBX 340 to GBX 390 and gave the company a “neutral” rating in a report on Thursday, December 4th. Finally, Jefferies Financial Group boosted their target price on Vesuvius from GBX 500 to GBX 550 and gave the stock a “buy” rating in a report on Wednesday, November 12th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of GBX 467.50.

Vesuvius Price Performance

The stock has a market cap of £1.11 billion, a PE ratio of 16.51, a price-to-earnings-growth ratio of 0.57 and a beta of 1.03. The stock’s fifty day moving average is GBX 451.43 and its 200-day moving average is GBX 402.71. The company has a debt-to-equity ratio of 57.19, a current ratio of 2.27 and a quick ratio of 1.20.

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.