Metallus Inc. (NYSE:MTUS - Get Free Report)'s share price dropped 9.8% on Friday . The company traded as low as $14.02 and last traded at $14.16. Approximately 44,933 shares were traded during trading, a decline of 86% from the average daily volume of 330,251 shares. The stock had previously closed at $15.70.
Metallus Price Performance
The stock has a market cap of $573.46 million, a PE ratio of 25.95, a price-to-earnings-growth ratio of 1.02 and a beta of 1.38. The stock has a 50-day moving average price of $14.83 and a two-hundred day moving average price of $15.15.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in Metallus in the third quarter worth about $1,104,000. Geode Capital Management LLC purchased a new position in Metallus in the third quarter worth about $13,888,000. Principal Financial Group Inc. purchased a new position in Metallus in the third quarter worth about $2,956,000. State Street Corp purchased a new position in Metallus in the third quarter worth about $32,439,000. Finally, Barclays PLC purchased a new position in Metallus in the third quarter worth about $1,031,000. 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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