Shares of Metallus Inc. (NYSE:MTUS - Get Free Report) were down 5.4% during mid-day trading on Friday . The company traded as low as $13.20 and last traded at $13.12. Approximately 133,837 shares changed hands during trading, a decline of 59% from the average daily volume of 323,047 shares. The stock had previously closed at $13.87.
Metallus Stock Performance
The company has a market capitalization of $572.75 million, a P/E ratio of 26.18, a PEG ratio of 1.02 and a beta of 1.32. The stock has a fifty day moving average of $14.79 and a 200 day moving average of $14.89.
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the stock. Victory Capital Management Inc. bought a new stake in Metallus during the 3rd quarter worth approximately $2,226,000. Thrivent Financial for Lutherans purchased a new stake in shares of Metallus in the third quarter worth $445,000. Quest Partners LLC bought a new stake in shares of Metallus during the 3rd quarter valued at $261,000. Intech Investment Management LLC purchased a new position in shares of Metallus during the 3rd quarter valued at $358,000. Finally, Charles Schwab Investment Management Inc. bought a new position in Metallus in the 3rd quarter worth $9,484,000. 77.58% of the stock is owned by hedge funds and other institutional investors.
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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