Metallus Inc (NYSE:MTUS) price on Friday, February 28, fall -8.03% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $14.44.
A look at the stock’s price movement, the close in the last trading session was $15.70. The PE ratio in trailing twelve months stood at 28.27. Turning to its 52-week performance, $24.31 and $13.09 were the 52-week high and 52-week low respectively. Overall, MTUS moved -5.31% over the past month.
Metallus Inc’s market cap currently stands at around $613.62 million, with investors looking forward to this quarter’s earnings report slated for in April.
Analysts have a consensus estimate of 254.3M for the company’s revenue for the quarter, with a low and high estimate of 254.3M and 254.3M respectively. The average forecast suggests down to a -20.93% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 1.15B, representing a 6.14% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that MTUS is a Hold. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
0 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 0 recommend MTUS as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is nan which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
MTUS’s current price about -6.18% and -2.99% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 38.48, while 7-day volatility ratio is 3.86% and 3.22% in the 30-day chart. Further, Metallus Inc (MTUS) has a beta value of 1.29, and an average true range (ATR) of 0.61.
If we refocus on Metallus Inc (NYSE:MTUS), historical trading data shows that trading volumes averaged 443.62K over the past 3 months. The company’s latest data on shares outstanding shows there are 42.49 million shares.
The 14.22% of Metallus Inc’s shares are in the hands of company insiders while institutional holders own 82.48% of the company’s shares. Current price change has pushed the stock 2.19% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the MTUS stock continues to rise going into the next quarter.
