Outokumpu Oyj (OTCMKTS:OUTKY) Reaches New 12-Month Low – What’s Next?

Outokumpu Oyj (OTCMKTS:OUTKY) shares reached a new 52-week low during trading on Monday . The stock traded as low as $1.37 and last traded at $1.50, with a volume of 2205 shares changing hands. The stock had previously closed at $1.47.

Outokumpu Oyj Stock Performance

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 business has a 50 day moving average of $1.65 and a 200 day moving average of $1.76. The company has a market capitalization of $1.37 billion, a P/E ratio of -5.36 and a beta of 0.77.

Outokumpu Oyj (OTCMKTS:OUTKY) last announced its earnings results on Wednesday, October 30th. The company reported $0.03 earnings per share (EPS) for the quarter. Outokumpu Oyj had a negative net margin of 4.10% and a negative return on equity of 6.65%. The firm had revenue of $1.67 billion for the quarter. On average, sell-side analysts predict that Outokumpu Oyj will post -0.01 earnings per share for the current 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.