Outokumpu Oyj (OTCMKTS:OUTKY) Short Interest Update

Outokumpu Oyj (OTCMKTS:OUTKY) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 6,800 shares, a growth of 195.7% from the November 30th total of 2,300 shares. Based on an average daily volume of 2,300 shares, the days-to-cover ratio is presently 3.0 days.

Outokumpu Oyj Stock Down 6.4 %

Shares of OUTKY stock traded down $0.10 during mid-day trading on Thursday, reaching $1.39. 130 shares of the company were exchanged, compared to its average volume of 2,106. Outokumpu Oyj has a fifty-two week low of $1.39 and a fifty-two week high of $2.57. 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 company has a market capitalization of $1.27 billion, a P/E ratio of -4.95 and a beta of 0.77. The business’s 50 day simple moving average is $1.67 and its 200 day simple moving average is $1.77.

Outokumpu Oyj (OTCMKTS:OUTKY) last issued its earnings results on Wednesday, October 30th. The company reported $0.03 earnings per share (EPS) for the quarter. The business 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%. Research 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.