RHI Magnesita (LON:RHIM) Stock Price Up 1.1% – Time to Buy?

RHI Magnesita (LON:RHIMGet Free Report) shares traded up 1.1% on Thursday . The company traded as high as GBX 3,735 ($47.01) and last traded at GBX 3,710 ($46.70). 76,627 shares were traded during mid-day trading, an increase of 381% from the average session volume of 15,939 shares. The stock had previously closed at GBX 3,670 ($46.19).

RHI Magnesita Trading Up 0.5 %

The firm has a market capitalization of £2.12 billion, a P/E ratio of 11.69, a price-to-earnings-growth ratio of 2.03 and a beta of 1.53. The stock’s 50-day simple moving average is GBX 3,361.93 and its two-hundred day simple moving average is GBX 3,322.50. The company has a debt-to-equity ratio of 152.96, a current ratio of 1.91 and a quick ratio of 0.93.

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 around 22,000 employees in 47 main production sites, 9 recycling facilities and more than 70 sales offices.

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