Vesuvius’ (VSVS) Neutral Rating Reaffirmed at JPMorgan Chase & Co.

Vesuvius (LON:VSVS)‘s stock had its “neutral” rating reaffirmed by equities research analysts at JPMorgan Chase & Co. in a report released on Tuesday, Digital Look reports. They presently have a GBX 460 ($5.68) target price on the stock. JPMorgan Chase & Co.‘s price objective indicates a potential downside of 2.54% from the stock’s previous close.

VSVS has been the subject of several other research reports. Berenberg Bank lifted their price objective on Vesuvius from GBX 480 ($5.93) to GBX 580 ($7.16) and gave the stock a “buy” rating in a report on Tuesday, March 5th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 675 ($8.34) price objective on shares of Vesuvius in a research note on Thursday, February 29th.

Vesuvius Price Performance

Shares of LON:VSVS traded down GBX 3 ($0.04) on Tuesday, hitting GBX 472 ($5.83). The company’s stock had a trading volume of 291,843 shares, compared to its average volume of 371,511. The company has a 50-day simple moving average of GBX 483.95 and a 200 day simple moving average of GBX 459.91. Vesuvius has a 1 year low of GBX 378.60 ($4.68) and a 1 year high of GBX 504.68 ($6.23). The company has a market capitalization of £1.26 billion, a PE ratio of 1,072.73, a PEG ratio of 0.57 and a beta of 1.30. The company has a debt-to-equity ratio of 30.47, a current ratio of 1.95 and a quick ratio of 1.20.

Insider Activity at Vesuvius

In related news, insider Mark Collis acquired 8,228 shares of the stock in a transaction on Thursday, February 29th. The shares were acquired at an average price of GBX 484 ($5.98) per share, for a total transaction of £39,823.52 ($49,189.13). In related news, insider Patrick André sold 66,184 shares of the stock in a transaction on Monday, March 18th. The stock was sold at an average price of GBX 484 ($5.98), for a total value of £320,330.56 ($395,665.22). Also, insider Mark Collis acquired 8,228 shares of Vesuvius stock in a transaction that occurred on Thursday, February 29th. The stock was purchased at an average cost of GBX 484 ($5.98) per share, with a total value of £39,823.52 ($49,189.13). 1.34% of the stock is owned by insiders.

Vesuvius Company Profile

Vesuvius plc provides molten metal flow engineering and technology services to steel and foundry 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.