Kristine C. Syrvalin Sells 7,500 Shares of Metallus Inc. (NYSE:MTUS) Stock

Metallus Inc. (NYSE:MTUS - Get Free Report) EVP Kristine C. Syrvalin sold 7,500 shares of the business'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 $120,000.00. Following the completion of the sale, the executive vice president owned 97,410 shares in the company, valued at approximately $1,558,560. The trade was a 7.15% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Metallus Trading Down 0.1%

Shares of NYSE:MTUS traded down $0.01 during trading on Friday, reaching $16.57. The company's stock had a trading volume of 167,227 shares, compared to its average volume of 388,222. The stock has a market capitalization of $697.76 million, a PE ratio of -33.14, a price-to-earnings-growth ratio of 1.36 and a beta of 1.37. The firm's 50 day simple moving average is $13.80 and its two-hundred day simple moving average is $14.00. Metallus Inc. has a 12 month low of $10.78 and a 12 month high of $23.26.

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

Analysts Set New Price Targets

MTUS has been the subject of a number of research reports. Sidoti upgraded 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 note on Friday, May 30th.

Institutional Trading of Metallus

Several institutional investors have recently added to or reduced their stakes in MTUS. Millennium Management LLC bought a new stake in Metallus during the 4th quarter valued at about $3,590,000. ProShare Advisors LLC bought a new stake in shares of Metallus during the fourth quarter valued at approximately $181,000. Amundi grew its stake in Metallus by 207.8% in the fourth quarter. Amundi now owns 23,845 shares of the company's stock worth $320,000 after purchasing an additional 16,097 shares in the last quarter. GAMMA Investing LLC increased its holdings in Metallus by 2,679.8% during the 1st quarter. GAMMA Investing LLC now owns 25,157 shares of the company's stock worth $336,000 after purchasing an additional 24,252 shares during the period. Finally, Barclays PLC increased its holdings in Metallus by 72.7% during the 4th quarter. Barclays PLC now owns 120,045 shares of the company's stock worth $1,697,000 after purchasing an additional 50,543 shares during the period. Institutional investors own 77.58% of the company's stock.

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.