Ieq Capital LLC bought a new position in shares of Metallus Inc. (NYSE:MTUS - Free Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 19,336 shares of the company's stock, valued at approximately $273,000.
Other large investors have also modified their holdings of the company. State Street Corp purchased a new stake in Metallus during the third quarter worth about $32,439,000. Pacer Advisors Inc. purchased a new stake in shares of Metallus during the 3rd quarter worth approximately $27,669,000. Systematic Financial Management LP acquired a new stake in shares of Metallus in the 3rd quarter worth approximately $16,359,000. Janus Henderson Group PLC purchased a new position in Metallus in the 3rd quarter valued at approximately $15,534,000. Finally, Royce & Associates LP acquired a new position in Metallus during the third quarter worth $14,301,000. 77.58% of the stock is owned by hedge funds and other institutional investors.
Metallus Price Performance
MTUS traded down $0.22 during trading on Tuesday, reaching $13.76. 272,477 shares of the stock were exchanged, compared to its average volume of 347,523. Metallus Inc. has a 1 year low of $12.96 and a 1 year high of $24.31. The company has a market capitalization of $584.72 million, a price-to-earnings ratio of 26.46, a P/E/G ratio of 1.02 and a beta of 1.38. The business's 50 day moving average price is $14.83 and its two-hundred day moving average price is $15.15.
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.
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