Metallus Inc. (NYSE:MTUS - Get Free Report)'s stock price reached a new 52-week low during trading on Monday . The stock traded as low as $13.64 and last traded at $13.64, with a volume of 78455 shares. The stock had previously closed at $14.09.
Metallus Stock Down 2.6 %
The stock's fifty day simple moving average is $15.32 and its two-hundred day simple moving average is $16.93. The firm has a market cap of $583.44 million, a PE ratio of 26.40, a PEG ratio of 1.66 and a beta of 1.39.
Institutional Investors Weigh In On Metallus
A number of institutional investors have recently modified their holdings of the stock. Principal Financial Group Inc. purchased a new position in Metallus in the third quarter worth about $2,956,000. Franklin Resources Inc. bought a new stake in shares of Metallus during the third quarter valued at approximately $178,000. Barclays PLC purchased a new position in Metallus in the 3rd quarter worth approximately $1,031,000. Geode Capital Management LLC bought a new position in Metallus in the 3rd quarter valued at approximately $13,888,000. Finally, Y Intercept Hong Kong Ltd purchased a new stake in Metallus during the 3rd quarter valued at $156,000. 77.58% of the stock is owned by hedge funds and other institutional investors.
About Metallus
(
Get 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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