Metallus (NYSE:MTUS) Sets New 12-Month Low at $16.99

Metallus Inc. (NYSE:MTUS) shares hit a new 52-week low on Monday . The stock traded as low as $16.99 and last traded at $17.06, with a volume of 17228 shares trading hands. The stock had previously closed at $17.35.

Metallus Stock Performance

The company has a market cap of $730.71 million, a P/E ratio of 10.33, a price-to-earnings-growth ratio of 0.73 and a beta of 1.43. The firm has a 50 day moving average price of $21.00.

Metallus (NYSE:MTUS) last posted its quarterly earnings data on Thursday, August 8th. The company reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.24). Metallus had a net margin of 5.81% and a return on equity of 13.06%. The business had revenue of $294.70 million during the quarter, compared to the consensus estimate of $320.37 million. During the same period in the prior year, the firm earned $0.60 EPS. The business’s revenue for the quarter was down 17.4% on a year-over-year basis. On average, research analysts forecast that Metallus Inc. will post 1.74 earnings per share for the current fiscal year.

Insider Activity at Metallus

In other Metallus news, CFO Kristopher R. Westbrooks sold 16,247 shares of the company’s stock in a transaction on Tuesday, July 16th. The stock was sold at an average price of $23.03, for a total transaction of $374,168.41. Following the completion of the sale, the chief financial officer now directly owns 169,642 shares in the company, valued at $3,906,855.26. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, CEO Michael S. Williams sold 28,907 shares of the company’s stock in a transaction that occurred on Monday, May 20th. The stock was sold at an average price of $24.09, for a total value of $696,369.63. Following the sale, the chief executive officer now directly owns 636,225 shares in the company, valued at $15,326,660.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Kristopher R. Westbrooks sold 16,247 shares of the firm’s stock in a transaction that occurred on Tuesday, July 16th. The stock was sold at an average price of $23.03, for a total transaction of $374,168.41. Following the transaction, the chief financial officer now owns 169,642 shares of the company’s stock, valued at approximately $3,906,855.26. The disclosure for this sale can be found here. Insiders sold a total of 60,888 shares of company stock valued at $1,432,330 over the last quarter. 3.70% of the stock is 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.