Outokumpu Oyj (OTCMKTS:OUTKY) Hits New 1-Year Low – Time to Sell?

Shares of Outokumpu Oyj (OTCMKTS:OUTKY) hit a new 52-week low during mid-day trading on Monday . The company traded as low as $1.37 and last traded at $1.50, with a volume of 2205 shares trading hands. The stock had previously closed at $1.47.

Outokumpu Oyj Price Performance

The firm has a 50 day moving average price of $1.65 and a 200 day moving average price of $1.76. The stock has a market capitalization of $1.37 billion, a PE ratio of -5.36 and a beta of 0.77. The company has a current ratio of 1.67, a quick ratio of 0.66 and a debt-to-equity ratio of 0.10.

Outokumpu Oyj (OTCMKTS:OUTKY) last posted its quarterly earnings data on Wednesday, October 30th. The company reported $0.03 EPS for the quarter. The firm had revenue of $1.67 billion for the quarter. Outokumpu Oyj had a negative return on equity of 6.65% and a negative net margin of 4.10%. Research analysts anticipate that Outokumpu Oyj will post -0.01 earnings per share for the current year.

About Outokumpu Oyj

Outokumpu Oyj produces and sells various stainless steel products in Finland, other European countries, North America, the Asia-Pacific, and internationally. The company operates through three segments: Europe, Americas, and Ferrochrome. It offers cold rolled coils, strips, and sheets; hot rolled coils, strips, and plates; quarto plates; precision strips; and specialized components, such as welded stainless-steel I-beams, H-beams, hollow-section tubes, bent profiles, structural sections, hardened and customized press plates, suction roll shells, and blancs and disks.