Patrick André Sells 156,406 Shares of Vesuvius plc (LON:VSVS) Stock

Vesuvius plc (LON:VSVS) insider Patrick André sold 156,406 shares of the business’s stock in a transaction dated Monday, March 17th. The stock was sold at an average price of GBX 390 ($5.07), for a total value of £609,983.40 ($792,289.13).

Vesuvius Stock Up 0.6 %

Vesuvius stock traded up GBX 2.50 ($0.03) during midday trading on Tuesday, hitting GBX 393.50 ($5.11). The stock had a trading volume of 21,720,725 shares, compared to its average volume of 1,356,088. The company has a current ratio of 1.57, a quick ratio of 1.20 and a debt-to-equity ratio of 41.62. The stock has a market cap of £1.01 billion, a P/E ratio of 10.18, a P/E/G ratio of 0.57 and a beta of 1.20. Vesuvius plc has a 12 month low of GBX 349 ($4.53) and a 12 month high of GBX 509 ($6.61). The business has a fifty day moving average price of GBX 405.91 and a 200 day moving average price of GBX 399.83.

Vesuvius (LON:VSVS) last posted its earnings results on Friday, March 7th. The company reported GBX 43.30 ($0.56) EPS for the quarter. Vesuvius had a return on equity of 8.49% and a net margin of 5.56%. Research analysts predict that Vesuvius plc will post 51.3945695 EPS for the current year.

Vesuvius Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, June 6th. Investors of record on Thursday, April 24th will be issued a GBX 16.40 ($0.21) dividend. This represents a yield of 4.14%. This is a positive change from Vesuvius’s previous dividend of $7.10. The ex-dividend date of this dividend is Thursday, April 24th. Vesuvius’s dividend payout ratio is 59.48%.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank boosted their price objective on Vesuvius from GBX 530 ($6.88) to GBX 580 ($7.53) and gave the company a “buy” rating in a report on Tuesday, December 10th.

Vesuvius Company Profile

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.