Manatuck Hill Partners LLC Buys Shares of 62,500 Metallus Inc. (NYSE:MTUS)

Manatuck Hill Partners LLC acquired a new position in Metallus Inc. (NYSE:MTUS - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 62,500 shares of the company's stock, valued at approximately $883,000. Manatuck Hill Partners LLC owned about 0.15% of Metallus at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Quadrant Capital Group LLC grew its stake in shares of Metallus by 36.3% in the 4th quarter. Quadrant Capital Group LLC now owns 2,943 shares of the company's stock valued at $42,000 after purchasing an additional 783 shares during the period. Tower Research Capital LLC TRC grew its holdings in shares of Metallus by 103.7% in the 4th quarter. Tower Research Capital LLC TRC now owns 4,775 shares of the company's stock worth $67,000 after purchasing an additional 2,431 shares during the last quarter. Vestcor Inc bought a new position in Metallus during the 4th quarter valued at about $104,000. Franklin Resources Inc. bought a new position in Metallus during the 3rd quarter valued at about $178,000. Finally, Mariner LLC boosted its position in Metallus by 59.6% in the fourth quarter. Mariner LLC now owns 16,493 shares of the company's stock valued at $233,000 after buying an additional 6,157 shares in the last quarter. 77.58% of the stock is owned by institutional investors.

Metallus Stock Performance

Metallus stock traded up $0.09 on Monday, reaching $13.21. The company's stock had a trading volume of 385,492 shares, compared to its average volume of 355,026. The business's fifty day moving average price is $13.29 and its 200 day moving average price is $14.47. The company has a market cap of $556.37 million, a price-to-earnings ratio of 25.41, a PEG ratio of 1.02 and a beta of 1.44. Metallus Inc. has a twelve month low of $10.78 and a twelve month high of $24.31.

Metallus 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.