Insider Selling: Vesuvius plc (LON:VSVS) Insider Sells 156,406 Shares of Stock

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

Vesuvius Stock Performance

VSVS stock traded up GBX 2.50 ($0.03) during mid-day trading on Tuesday, reaching GBX 393.50 ($5.11). 21,720,725 shares of the stock traded hands, compared to its average volume of 1,356,088. The company has a quick ratio of 1.20, a current ratio of 1.57 and a debt-to-equity ratio of 41.62. Vesuvius plc has a 52 week low of GBX 349 ($4.53) and a 52 week high of GBX 509 ($6.61). The business has a 50-day moving average of GBX 405.91 and a two-hundred day moving average of GBX 399.83. The firm has a market capitalization of £1.01 billion, a PE ratio of 10.18, a P/E/G ratio of 0.57 and a beta of 1.20.

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

Vesuvius Increases Dividend

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

Analysts Set New Price Targets

Separately, Berenberg Bank boosted their target price on shares of Vesuvius from GBX 530 ($6.88) to GBX 580 ($7.53) and gave the company a “buy” rating in a research note 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.