Voestalpine (OTCMKTS:VLPNY) Reaches New 12-Month Low – Here’s What Happened

Voestalpine AG (OTCMKTS:VLPNYGet Free Report) shares hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $3.34 and last traded at $3.55, with a volume of 1095 shares traded. The stock had previously closed at $3.37.

Analyst Upgrades and Downgrades

Separately, BNP Paribas cut shares of Voestalpine from a “strong-buy” rating to a “hold” rating in a report on Friday, January 3rd.

Read Our Latest Analysis on VLPNY

Voestalpine Stock Performance

The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.43 and a current ratio of 1.39. The business has a 50-day moving average price of $3.75 and a two-hundred day moving average price of $4.38.

About Voestalpine

(Get Free Report)

Voestalpine AG processes, develops, manufactures, and sells steel products in Austria, European Union, and internationally. The company operates through five segments: Steel, High Performance Metals, Metal Engineering, Metal Forming, and Other. The Steel division produces hot and cold-rolled steel strips, as well as electrogalvanized, hot-dip galvanized, and organically coated steel strips; and heavy plates for the energy sector, as well as turbine casings for automotive, white goods/consumer goods, building/construction, energy, mechanical engineering, and others.

Recommended Stories

Receive News & Ratings for Voestalpine Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Voestalpine and related companies with MarketBeat.com's FREE daily email newsletter.