Metallus (NYSE:MTUS) Hits New 12-Month Low at $16.05

Metallus Inc. (NYSE:MTUS)’s stock price reached a new 52-week low during trading on Wednesday . The stock traded as low as $16.05 and last traded at $16.07, with a volume of 87337 shares traded. The stock had previously closed at $16.47.

Metallus Stock Performance

The firm’s 50 day moving average price is $19.45. The company has a market capitalization of $706.66 million, a PE ratio of 9.68, a P/E/G ratio of 1.16 and a beta of 1.43.

Metallus (NYSE:MTUS) last released its earnings results on Thursday, August 8th. The company reported $0.15 earnings per share for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.24). Metallus had a return on equity of 10.10% and a net margin of 4.21%. The business had revenue of $294.70 million during the quarter, compared to analysts’ expectations of $320.37 million. During the same period in the prior year, the company earned $0.60 earnings per share. The firm’s quarterly revenue was down 17.4% compared to the same quarter last year. As a group, equities analysts expect that Metallus Inc. will post 0.96 earnings per share for the current year.

Insiders Place Their Bets

In other news, CFO Kristopher R. Westbrooks sold 16,247 shares of Metallus stock in a transaction dated Tuesday, July 16th. The stock was sold at an average price of $23.03, for a total value of $374,168.41. Following the completion of the transaction, the chief financial officer now owns 169,642 shares of the company’s stock, valued at approximately $3,906,855.26. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Over the last three months, insiders have sold 19,247 shares of company stock valued at $433,028. 3.70% of the stock is currently owned by corporate insiders.

Metallus Company Profile

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.