Dynamic Technology Lab Private Ltd bought a new stake in Metallus Inc. (NYSE:MTUS – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 71,594 shares of the company’s stock, valued at approximately $1,062,000. Dynamic Technology Lab Private Ltd owned about 0.17% of Metallus at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Huntington National Bank acquired a new stake in shares of Metallus during the third quarter worth about $49,000. Amalgamated Bank acquired a new position in Metallus during the third quarter worth approximately $172,000. Creative Planning purchased a new stake in Metallus in the third quarter valued at approximately $183,000. SG Americas Securities LLC acquired a new stake in shares of Metallus in the third quarter valued at approximately $189,000. Finally, Beese Fulmer Investment Management Inc. acquired a new stake in shares of Metallus in the third quarter valued at approximately $233,000. 77.58% of the stock is currently owned by institutional investors and hedge funds.
Metallus Price Performance
Shares of Metallus stock opened at $15.96 on Wednesday. The firm’s fifty day simple moving average is $14.85 and its 200-day simple moving average is $18.16. Metallus Inc. has a 12 month low of $13.82 and a 12 month high of $24.31. The stock has a market capitalization of $677.93 million, a price-to-earnings ratio of 30.68, a PEG ratio of 1.69 and a beta of 1.36.
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.
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