Vesuvius (LON:VSVS) Share Price Passes Below 200 Day Moving Average of $459.80

Vesuvius plc (LON:VSVS) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 459.80 ($6.14) and traded as low as GBX 386 ($5.15). Vesuvius shares last traded at GBX 386.50 ($5.16), with a volume of 213,090 shares changing hands.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. JPMorgan Chase & Co. reissued a “neutral” rating and issued a GBX 490 ($6.54) price target on shares of Vesuvius in a research note on Wednesday, July 3rd. Berenberg Bank decreased their price target on Vesuvius from GBX 580 ($7.74) to GBX 530 ($7.07) and set a “buy” rating on the stock in a research note on Wednesday, August 28th.

Vesuvius Stock Down 1.0 %

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 stock has a 50-day simple moving average of GBX 419.03 and a 200-day simple moving average of GBX 459.80. The company has a market cap of £1.01 billion, a price-to-earnings ratio of 991.03, a price-to-earnings-growth ratio of 0.57 and a beta of 1.20.

Vesuvius Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 13th. Investors of record on Thursday, August 8th were paid a GBX 7.10 ($0.09) dividend. This represents a yield of 1.47%. The ex-dividend date was Thursday, August 8th. Vesuvius’s dividend payout ratio is currently 5,897.44%.

Insider Activity

In other Vesuvius news, insider Mark Collis purchased 4,605 shares of the stock in a transaction dated Thursday, August 1st. The shares were bought at an average cost of GBX 432 ($5.77) per share, with a total value of £19,893.60 ($26,553.12). 1.34% of the stock is owned by corporate insiders.

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.