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

Metallus Inc. (NYSE:MTUS - Get Free Report) COO Kristopher R. Westbrooks sold 4,000 shares of the stock in a transaction dated Wednesday, July 2nd. The shares were sold at an average price of $16.00, for a total value of $64,000.00. Following the completion of the transaction, the chief operating officer directly owned 197,076 shares in the company, valued at approximately $3,153,216. This represents a 1.99% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Metallus Stock Down 0.1%

MTUS traded down $0.01 during midday trading on Friday, reaching $16.57. The company had a trading volume of 167,227 shares, compared to its average volume of 388,222. The business has a 50-day moving average of $13.73 and a two-hundred day moving average of $13.99. Metallus Inc. has a 1 year low of $10.78 and a 1 year high of $23.26. The company has a market cap of $697.76 million, a P/E ratio of -33.14, a P/E/G ratio of 1.36 and a beta of 1.37.

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

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on MTUS. Sidoti upgraded shares of Metallus to a "hold" rating in a research report on Friday, May 9th. Wall Street Zen raised shares of Metallus from a "sell" rating to a "hold" rating in a research report on Friday, May 30th.

Institutional Trading of Metallus

Hedge funds and other institutional investors have recently modified their holdings of the company. GAMMA Investing LLC raised its position in shares of Metallus by 108.1% during the 1st quarter. GAMMA Investing LLC now owns 1,883 shares of the company's stock valued at $25,000 after purchasing an additional 978 shares during the period. Quadrant Capital Group LLC increased its stake in Metallus by 36.3% in the 4th quarter. Quadrant Capital Group LLC now owns 2,943 shares of the company's stock worth $42,000 after buying an additional 783 shares in the last quarter. CWM LLC raised its holdings in Metallus by 60.2% during the first quarter. CWM LLC now owns 3,421 shares of the company's stock valued at $46,000 after acquiring an additional 1,286 shares during the period. Tower Research Capital LLC TRC lifted its position in shares of Metallus by 103.7% in the fourth quarter. Tower Research Capital LLC TRC now owns 4,775 shares of the company's stock valued at $67,000 after acquiring an additional 2,431 shares in the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC bought a new position in shares of Metallus in the first quarter worth about $67,000. 77.58% of the stock is owned by hedge funds and other institutional investors.

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.