RHI Magnesita (LON:RHIM) Stock Price Up 0.3% – Time to Buy?

Shares of RHI Magnesita (LON:RHIMGet Free Report) rose 0.3% on Friday . The stock traded as high as GBX 2,945 and last traded at GBX 2,875. Approximately 10,388 shares traded hands during mid-day trading, a decline of 90% from the average daily volume of 107,467 shares. The stock had previously closed at GBX 2,865.

RHI Magnesita Stock Up 0.3%

The business’s fifty day moving average price is GBX 2,874.71 and its 200 day moving average price is GBX 2,779.32. The firm has a market capitalization of £1.36 billion, a price-to-earnings ratio of 16.24, a PEG ratio of 2.03 and a beta of 1.50. The company has a current ratio of 1.48, a quick ratio of 0.93 and a debt-to-equity ratio of 169.57.

About RHI Magnesita

(Get Free Report)

RHI Magnesita is the leading global supplier of high-grade refractory products, systems and solutions which are critical for high-temperature processes exceeding 1,200°C in a wide range of industries, including steel, cement, non-ferrous metals and glass. With a vertically integrated value chain, from raw materials to refractory products and full performance-based solutions, RHI Magnesita serves customers around the world, with over 20,000 employees in 65 main production sites (including raw material sites), 12 recycling facilities and more than 70 sales offices.

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