Metallus Inc. (NYSE:MTUS - Get Free Report)'s share price gapped down before the market opened on Friday . The stock had previously closed at $15.96, but opened at $14.93. Metallus shares last traded at $15.23, with a volume of 50,865 shares changing hands.
Metallus Price Performance
The company has a market cap of $682.76 million, a PE ratio of 13.78, a PEG ratio of 1.14 and a beta of 1.36. The business has a 50-day moving average of $14.83 and a 200 day moving average of $18.67.
Metallus (NYSE:MTUS - Get Free Report) last posted its quarterly earnings data on Thursday, August 8th. The company reported $0.15 EPS for the quarter, missing analysts' consensus estimates of $0.39 by ($0.24). The firm had revenue of $294.70 million for the quarter, compared to analysts' expectations of $320.37 million. Metallus had a net margin of 4.21% and a return on equity of 10.10%. The firm's revenue was down 17.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.60 EPS. On average, equities analysts predict that Metallus Inc. will post 0.96 EPS for the current fiscal year.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the stock. Sequoia Financial Advisors LLC bought a new position in shares of Metallus in the third quarter worth about $566,000. Fruth Investment Management bought a new position in shares of Metallus in the third quarter worth about $811,000. Farmers Trust Co. bought a new position in shares of Metallus in the third quarter worth about $609,000. Exchange Traded Concepts LLC bought a new stake in Metallus during the 3rd quarter valued at approximately $942,000. Finally, Assenagon Asset Management S.A. bought a new stake in Metallus during the 3rd quarter valued at approximately $3,017,000. Institutional investors own 77.58% of the company's stock.
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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