Dynamic Technology Lab Private Ltd purchased a new position in shares of Metallus Inc. (NYSE:MTUS - Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 71,594 shares of the company's stock, valued at approximately $1,062,000. Dynamic Technology Lab Private Ltd owned about 0.17% of Metallus at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MTUS. Huntington National Bank bought a new position in Metallus during the third quarter worth $49,000. Amalgamated Bank acquired a new position in shares of Metallus in the 3rd quarter valued at about $172,000. Creative Planning bought a new stake in shares of Metallus during the 3rd quarter valued at about $183,000. SG Americas Securities LLC acquired a new stake in Metallus during the third quarter worth approximately $189,000. Finally, Beese Fulmer Investment Management Inc. acquired a new position in Metallus in the third quarter valued at approximately $233,000. 77.58% of the stock is currently owned by institutional investors and hedge funds.
Metallus Stock Performance
Shares of MTUS stock traded up $0.38 during trading hours on Wednesday, hitting $16.33. 548,814 shares of the company were exchanged, compared to its average volume of 290,461. Metallus Inc. has a fifty-two week low of $13.82 and a fifty-two week high of $24.31. The company has a 50 day simple moving average of $14.86 and a two-hundred day simple moving average of $18.11. The firm has a market cap of $693.86 million, a P/E ratio of 31.33, a P/E/G ratio of 1.69 and a beta of 1.36.
Metallus Profile
(
Free Report)
Metallus Inc manufactures and sells alloy steel, and carbon and micro-alloy steel products in the United States and internationally. The company offers special bar quality (SBQ) bars, seamless mechanical tubes, precision steel components, and billets that are used in gears, hubs, axles, crankshafts and motor shafts, oil country drill pipes, bits and collars, bearing races and rolling elements, bushings, fuel injectors, wind energy shafts, anti-friction bearings, artillery and mortar bodies, and other applications.
See Also
Before you consider Metallus, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Metallus wasn't on the list.
While Metallus currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
