Vesuvius (LON:VSVS) Shares Down 12.8% – Time to Sell?

Vesuvius plc (LON:VSVS)’s share price traded down 12.8% on Monday . The company traded as low as GBX 389.40 and last traded at GBX 394. 3,481,256 shares changed hands during mid-day trading, an increase of 132% from the average session volume of 1,501,870 shares. The stock had previously closed at GBX 452.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Peel Hunt reaffirmed a “buy” rating and issued a GBX 525 price target on shares of Vesuvius in a research report on Monday. Jefferies Financial Group restated a “buy” rating and set a GBX 520 price objective on shares of Vesuvius in a research note on Monday. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a GBX 440 price target on shares of Vesuvius in a report on Tuesday. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, Vesuvius presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 467.

Vesuvius Trading Down 1.6%

The company has a market cap of £901.06 million, a P/E ratio of 17.51, a price-to-earnings-growth ratio of 0.57 and a beta of 1.15. The company has a quick ratio of 1.20, a current ratio of 2.35 and a debt-to-equity ratio of 57.10. The firm’s 50-day moving average price is GBX 453.75 and its 200-day moving average price is GBX 446.63.

About Vesuvius

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.