Outokumpu Oyj (OTCMKTS:OUTKY) Reaches New 52-Week Low – What’s Next?

Outokumpu Oyj (OTCMKTS:OUTKY) Reaches New 52-Week Low – What’s Next?

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

Outokumpu Oyj Trading Down 6.4 %

The stock has a market cap of $1.27 billion, a P/E ratio of -4.95 and a beta of 0.77. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.66 and a current ratio of 1.67. The stock’s fifty day moving average is $1.68 and its 200 day moving average is $1.78.

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

Outokumpu Oyj Company Profile 

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.

Share:
error: Content is protected !!