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 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 $120,000.00. Following the transaction, the executive vice president directly owned 97,410 shares in the company, valued at $1,558,560. The trade was a 7.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Metallus Stock Down 0.1%

NYSE:MTUS traded down $0.01 during midday trading on Friday, reaching $16.57. The stock had a trading volume of 167,227 shares, compared to its average volume of 388,222. The stock 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. The firm has a fifty day simple moving average of $13.80 and a two-hundred day simple moving average of $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 issued its earnings results on Thursday, May 8th. The company reported $0.07 earnings per share for the quarter, missing the consensus estimate 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 firm had revenue of $280.50 million during the quarter, compared to analysts' expectations of $264.03 million. During the same period in the previous year, the firm earned $0.56 EPS. The firm's revenue was down 12.8% on a year-over-year basis. On average, sell-side analysts anticipate that Metallus Inc. will post 0.66 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Sidoti upgraded 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 Trading of Metallus

A number of institutional investors have recently modified their holdings of MTUS. Price T Rowe Associates Inc. MD raised its position in Metallus by 1.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 59,472 shares of the company's stock worth $841,000 after acquiring an additional 779 shares in the last quarter. Quadrant Capital Group LLC grew its stake in shares of Metallus by 36.3% during the 4th quarter. Quadrant Capital Group LLC now owns 2,943 shares of the company's stock worth $42,000 after purchasing an additional 783 shares during the period. Cambridge Investment Research Advisors Inc. increased its holdings in shares of Metallus by 5.0% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 17,610 shares of the company's stock valued at $235,000 after purchasing an additional 839 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of Metallus by 108.1% in 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 in the last quarter. Finally, CWM LLC lifted its stake in shares of Metallus by 60.2% in the first quarter. CWM LLC now owns 3,421 shares of the company's stock valued at $46,000 after purchasing an additional 1,286 shares during the period. 77.58% of the stock is currently owned by hedge funds and other institutional investors.

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.