Outokumpu Oyj (OTCMKTS:OUTKY) Short Interest Update

Outokumpu Oyj (OTCMKTS:OUTKY) saw a large increase in short interest in December. As of December 15th, there was short interest totalling 6,800 shares, an increase of 195.7% from the November 30th total of 2,300 shares. Based on an average daily volume of 2,300 shares, the short-interest ratio is currently 3.0 days.

Outokumpu Oyj Trading Down 6.4 %

Shares of Outokumpu Oyj stock traded down $0.10 during mid-day trading on Thursday, hitting $1.39. 130 shares of the stock were exchanged, compared to its average volume of 2,106. The company has a 50-day simple moving average of $1.67 and a 200 day simple moving average of $1.77. The company has a current ratio of 1.67, a quick ratio of 0.66 and a debt-to-equity ratio of 0.10. The stock has a market capitalization of $1.27 billion, a price-to-earnings ratio of -4.95 and a beta of 0.77. Outokumpu Oyj has a twelve month low of $1.39 and a twelve month high of $2.57.

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

Outokumpu Oyj Company Profile

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.