Kristopher R. Westbrooks Sells 4,000 Shares of Metallus Inc. (NYSE:MTUS) Stock

Metallus Inc. (NYSE:MTUS - Get Free Report) COO Kristopher R. Westbrooks sold 4,000 shares of the firm's stock in a transaction on Wednesday, July 2nd. The stock was sold at an average price of $16.00, for a total transaction of $64,000.00. Following the sale, the chief operating officer owned 197,076 shares in the company, valued at approximately $3,153,216. The trade was a 1.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Metallus Stock Down 0.1%

MTUS traded down $0.01 during trading hours on Friday, hitting $16.57. 167,227 shares of the company's stock were exchanged, compared to its average volume of 388,222. The stock has a market cap of $697.76 million, a price-to-earnings ratio of -33.14, a PEG ratio of 1.36 and a beta of 1.37. Metallus Inc. has a 1-year low of $10.78 and a 1-year high of $23.26. The stock's 50-day moving average is $13.80 and its two-hundred day moving average is $14.00.

Metallus (NYSE:MTUS - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The company reported $0.07 EPS for the quarter, missing analysts' consensus estimates of $0.11 by ($0.04). The business had revenue of $280.50 million for the quarter, compared to analyst estimates of $264.03 million. Metallus had a positive return on equity of 0.31% and a negative net margin of 2.05%. The company's quarterly revenue was down 12.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.56 earnings per share. On average, equities research analysts anticipate that Metallus Inc. will post 0.66 EPS for the current year.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. Sidoti raised Metallus to a "hold" rating in a research report on Friday, May 9th. Wall Street Zen upgraded Metallus from a "sell" rating to a "hold" rating in a research note on Saturday.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Millennium Management LLC acquired a new position in shares of Metallus during the 4th quarter worth approximately $3,590,000. ProShare Advisors LLC acquired a new position in Metallus during the fourth quarter worth $181,000. Amundi increased its holdings in Metallus by 207.8% during the fourth quarter. Amundi now owns 23,845 shares of the company's stock worth $320,000 after buying an additional 16,097 shares during the last quarter. GAMMA Investing LLC raised its position in Metallus by 2,679.8% during the first quarter. GAMMA Investing LLC now owns 25,157 shares of the company's stock worth $336,000 after acquiring an additional 24,252 shares in the last quarter. Finally, Barclays PLC lifted its stake in Metallus by 72.7% in the fourth quarter. Barclays PLC now owns 120,045 shares of the company's stock valued at $1,697,000 after acquiring an additional 50,543 shares during the last quarter. 77.58% of the stock is owned by institutional investors and hedge funds.

About Metallus

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.