Vesuvius (LON:VSVS) Stock Price Up 0.6% – What’s Next?

Shares of Vesuvius plc (LON:VSVS) rose 0.6% during mid-day trading on Wednesday . The company traded as high as GBX 431.50 ($5.48) and last traded at GBX 427 ($5.43). Approximately 570,597 shares changed hands during trading, an increase of 44% from the average daily volume of 396,654 shares. The stock had previously closed at GBX 424.50 ($5.39).

Analysts Set New Price Targets

Separately, Berenberg Bank lowered their price target on Vesuvius from GBX 580 ($7.37) to GBX 530 ($6.73) and set a “buy” rating on the stock in a research report on Wednesday, August 28th.

Vesuvius Stock Up 0.6 %

The business has a fifty day simple moving average of GBX 384.62 and a 200 day simple moving average of GBX 423.32. The firm has a market cap of £1.11 billion, a price-to-earnings ratio of 1,094.87, a PEG ratio of 0.57 and a beta of 1.20. The company has a debt-to-equity ratio of 39.26, a current ratio of 1.57 and a quick ratio of 1.20.

About Vesuvius

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.