Barclays PLC purchased a new stake in shares of Metallus Inc. (NYSE:MTUS - Free Report) in the third quarter, according to its most recent disclosure with the SEC. The firm purchased 69,502 shares of the company's stock, valued at approximately $1,031,000. Barclays PLC owned approximately 0.16% of Metallus as of its most recent filing with the SEC.
Other hedge funds also recently modified their holdings of the company. Geode Capital Management LLC bought a new stake in Metallus during the third quarter worth approximately $13,888,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of Metallus during the 3rd quarter valued at $1,104,000. State Street Corp bought a new stake in shares of Metallus during the 3rd quarter worth $32,439,000. Empowered Funds LLC acquired a new position in shares of Metallus in the 3rd quarter worth $3,565,000. Finally, Janus Henderson Group PLC acquired a new stake in shares of Metallus during the third quarter worth $15,534,000. 77.58% of the stock is currently owned by institutional investors and hedge funds.
Metallus Price Performance
Metallus stock traded up $0.68 during midday trading on Wednesday, reaching $15.05. The stock had a trading volume of 236,633 shares, compared to its average volume of 315,303. The firm's fifty day simple moving average is $15.19 and its two-hundred day simple moving average is $16.36. Metallus Inc. has a twelve month low of $13.09 and a twelve month high of $24.31. The firm has a market cap of $639.53 million, a price-to-earnings ratio of 28.94, a PEG ratio of 1.66 and a beta of 1.39.
Metallus Company Profile
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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.
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