Metallus Inc. (NYSE:MTUS - Get Free Report) reached a new 52-week low during trading on Thursday . The company traded as low as $12.29 and last traded at $12.32, with a volume of 171442 shares changing hands. The stock had previously closed at $13.76.
Metallus Stock Performance
The stock has a market cap of $486.98 million, a P/E ratio of 22.24, a price-to-earnings-growth ratio of 1.02 and a beta of 1.11. The firm's 50 day moving average is $14.48 and its 200 day moving average is $14.79.
Hedge Funds Weigh In On Metallus
Institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its position in Metallus by 1.3% in the fourth quarter. Vanguard Group Inc. now owns 3,257,534 shares of the company's stock valued at $46,029,000 after purchasing an additional 43,244 shares during the period. State Street Corp purchased a new stake in Metallus during the 3rd quarter valued at approximately $32,439,000. American Century Companies Inc. increased its stake in shares of Metallus by 11.6% during the fourth quarter. American Century Companies Inc. now owns 1,316,292 shares of the company's stock worth $18,599,000 after acquiring an additional 137,007 shares during the period. Systematic Financial Management LP grew its stake in shares of Metallus by 4.8% during the 4th quarter. Systematic Financial Management LP now owns 1,156,297 shares of the company's stock worth $16,339,000 after purchasing an additional 53,194 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Metallus by 5.7% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,152,634 shares of the company's stock worth $16,286,000 after purchasing an additional 62,055 shares during the last quarter. Hedge funds and other institutional investors own 77.58% of the company's stock.
Metallus Company Profile
(
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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