Outokumpu Oyj (OTCMKTS:OUTKY - Get Free Report) posted its quarterly earnings results on Thursday. The company reported ($0.04) earnings per share for the quarter, Zacks reports. The company had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.37 billion. Outokumpu Oyj had a negative return on equity of 6.67% and a negative net margin of 4.10%.
Outokumpu Oyj Price Performance
OTCMKTS OUTKY remained flat at $1.60 during mid-day trading on Monday. The company had a trading volume of 20 shares, compared to its average volume of 456. The stock has a 50-day moving average price of $1.50 and a 200 day moving average price of $1.68. The company has a current ratio of 1.54, a quick ratio of 0.53 and a debt-to-equity ratio of 0.07. The firm has a market cap of $1.46 billion, a P/E ratio of -5.71 and a beta of 0.80. Outokumpu Oyj has a 12-month low of $1.37 and a 12-month high of $2.35.
Analyst Upgrades and Downgrades
Separately, BNP Paribas lowered shares of Outokumpu Oyj from a "hold" rating to a "strong sell" rating in a research report on Friday, January 3rd.
View Our Latest Report on OUTKY
About Outokumpu Oyj
(
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Outokumpu Oyj produces and sells various stainless steel products in Finland, other European countries, North America, the Asia-Pacific, and internationally. The company operates through three segments: Europe, Americas, and Ferrochrome. It offers cold rolled coils, strips, and sheets; hot rolled coils, strips, and plates; quarto plates; precision strips; and specialized components, such as welded stainless-steel I-beams, H-beams, hollow-section tubes, bent profiles, structural sections, hardened and customized press plates, suction roll shells, and blancs and disks.
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