Metso (OTCMKTS:MXCYY) Shares Pass Below 50-Day Moving Average – Here’s What Happened

Metso Co. (OTCMKTS:MXCYYGet Free Report) shares passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $7.78 and traded as low as $7.50. Metso shares last traded at $7.78, with a volume of 6,900 shares trading hands.

Metso Price Performance

The stock’s 50-day moving average is $7.78 and its 200 day moving average is $7.78. The stock has a market capitalization of $4.68 billion, a PE ratio of 13.65 and a beta of 1.79. The company has a quick ratio of 1.13, a current ratio of 2.19 and a debt-to-equity ratio of 0.05.

About Metso

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Metso Corporation, an industrial company, provides equipment and services for the mining, aggregates, recycling, and process industries worldwide. The company operates through two segment, Minerals and Flow Control. It offers mining solutions, including crushing, screening, grinding, classification, beneficiation, dewatering, pyro processing, bulk materials handling, and slurry pumping solutions, as well as wear and spare parts; and aggregates, such as crushers, screens, feeders, rock breakers, air classifiers, lokotrack mobile plants, NW rapid and portable plants, stationary plants, slurry pumps, and preowned equipment, as well as wear and spare parts.

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