Geode Capital Management LLC bought a new stake in shares of Metallus Inc. (NYSE:MTUS - Free Report) during the 3rd quarter, according to its most recent filing with the SEC. The fund bought 936,315 shares of the company's stock, valued at approximately $13,888,000. Geode Capital Management LLC owned approximately 2.20% of Metallus as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. FMR LLC acquired a new stake in Metallus during the third quarter valued at approximately $29,000. Mark Sheptoff Financial Planning LLC bought a new position in shares of Metallus during the 3rd quarter worth approximately $41,000. Huntington National Bank acquired a new stake in Metallus in the 3rd quarter valued at $49,000. Y Intercept Hong Kong Ltd bought a new stake in Metallus in the third quarter valued at $156,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in Metallus during the third quarter worth $159,000. Institutional investors own 77.58% of the company's stock.
Metallus Stock Performance
Shares of NYSE MTUS traded up $0.40 during midday trading on Tuesday, reaching $14.13. 337,701 shares of the company traded hands, compared to its average volume of 319,787. The stock's 50-day simple moving average is $15.29 and its 200-day simple moving average is $16.88. Metallus Inc. has a 12 month low of $13.64 and a 12 month high of $24.31. The firm has a market cap of $600.44 million, a PE ratio of 27.17, a PEG ratio of 1.66 and a beta of 1.39.
About Metallus
(
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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