Vesuvius (LON:VSVS) Reaches New 1-Year Low – Here’s What Happened

Shares of Vesuvius plc (LON:VSVS) reached a new 52-week low on Tuesday . The company traded as low as GBX 358 ($4.64) and last traded at GBX 358.50 ($4.65), with a volume of 271653 shares. The stock had previously closed at GBX 368.50 ($4.78).

Analyst Ratings Changes

A number of equities research analysts recently weighed in on VSVS shares. Berenberg Bank decreased their price objective 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. JPMorgan Chase & Co. reissued a “neutral” rating and issued a GBX 490 ($6.35) target price on shares of Vesuvius in a research report on Wednesday, July 3rd.

Vesuvius Stock Performance

The company has a quick ratio of 1.20, a current ratio of 1.57 and a debt-to-equity ratio of 39.26. The stock has a fifty day moving average price of GBX 391.18 and a 200-day moving average price of GBX 440.68. The firm has a market cap of £929.59 million, a price-to-earnings ratio of 920.51, a price-to-earnings-growth ratio of 0.57 and a beta 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.