Vesuvius (LON:VSVS) Stock Passes Below Two Hundred Day Moving Average – Should You Sell?

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 441.60 ($5.73) and traded as low as GBX 364.50 ($4.73). Vesuvius shares last traded at GBX 368.50 ($4.78), with a volume of 247,268 shares trading hands.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. JPMorgan Chase & Co. reissued a “neutral” rating and set a GBX 490 ($6.35) price target on shares of Vesuvius in a research note on Wednesday, July 3rd. Berenberg Bank decreased their price target on shares of Vesuvius from GBX 580 ($7.52) to GBX 530 ($6.87) and set a “buy” rating for the company in a research note on Wednesday, August 28th.

Vesuvius Price Performance

The company has a debt-to-equity ratio of 39.26, a quick ratio of 1.20 and a current ratio of 1.57. The stock has a market capitalization of £934.80 million, a P/E ratio of 920.51, a PEG ratio of 0.57 and a beta of 1.20. The firm has a fifty day moving average price of GBX 391.18 and a two-hundred day moving average price of GBX 440.68.

Vesuvius Cuts Dividend

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

Insider Activity at Vesuvius

In related news, insider Mark Collis bought 4,605 shares of the stock in a transaction dated Thursday, August 1st. The shares were purchased at an average price of GBX 432 ($5.60) per share, with a total value of £19,893.60 ($25,798.99). 1.28% of the stock is currently owned by corporate insiders.

Vesuvius Company Profile

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.