Voestalpine (OTCMKTS:VLPNY) Shares Up 1.3% - Should You Buy?

Voestalpine AG (OTCMKTS:VLPNY - Get Free Report)'s share price shot up 1.3% during trading on Wednesday . The company traded as high as $4.97 and last traded at $4.66. 5,100 shares changed hands during mid-day trading, an increase of 220% from the average session volume of 1,594 shares. The stock had previously closed at $4.60.

Wall Street Analysts Forecast Growth

Separately, BNP Paribas lowered Voestalpine from a "strong-buy" rating to a "hold" rating in a research note on Friday, January 3rd.

Voestalpine Stock Performance

The company has a debt-to-equity ratio of 0.19, a current ratio of 1.39 and a quick ratio of 0.43. The business has a 50 day moving average price of $4.01 and a 200 day moving average price of $4.12.

Voestalpine (OTCMKTS:VLPNY - Get Free Report) last posted its quarterly earnings data on Wednesday, February 12th. The company reported $0.03 EPS for the quarter. Voestalpine had a negative return on equity of 0.53% and a negative net margin of 0.41%. Analysts anticipate that Voestalpine AG will post 0.45 EPS for the current year.

About Voestalpine

Voestalpine AG processes, develops, manufactures, and sells steel products in Austria, European Union, and internationally. The company operates through five segments: Steel, High Performance Metals, Metal Engineering, Metal Forming, and Other. The Steel division produces hot and cold-rolled steel strips, as well as electrogalvanized, hot-dip galvanized, and organically coated steel strips; and heavy plates for the energy sector, as well as turbine casings for automotive, white goods/consumer goods, building/construction, energy, mechanical engineering, and others.