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Outokumpu Oyj (OTCMKTS:OUTKY) Reaches New 12-Month Low - Here's Why

Outokumpu Oyj logo with Basic Materials background

Outokumpu Oyj (OTCMKTS:OUTKY - Get Free Report)'s share price hit a new 52-week low during trading on Tuesday . The company traded as low as $1.39 and last traded at $1.39, with a volume of 130 shares traded. The stock had previously closed at $1.48.

Outokumpu Oyj Stock Performance

The firm has a market cap of $1.27 billion, a PE ratio of -4.95 and a beta of 0.77. The company has a quick ratio of 0.66, a current ratio of 1.67 and a debt-to-equity ratio of 0.10. The company has a 50-day simple moving average of $1.68 and a two-hundred day simple moving average of $1.78.

Outokumpu Oyj (OTCMKTS:OUTKY - Get Free Report) last issued its quarterly earnings results on Wednesday, October 30th. The company reported $0.03 earnings per share for the quarter. The company had revenue of $1.67 billion for the quarter. Outokumpu Oyj had a negative net margin of 4.10% and a negative return on equity of 6.65%. As a group, equities research analysts forecast that Outokumpu Oyj will post -0.01 earnings per share for the current year.

Outokumpu Oyj Company Profile

(Get Free Report)

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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