Manatuck Hill Partners LLC purchased a new stake in Metallus Inc. (NYSE:MTUS - Free Report) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 62,500 shares of the company's stock, valued at approximately $883,000. Manatuck Hill Partners LLC owned about 0.15% of Metallus as of its most recent SEC filing.
Several other institutional investors also recently made changes to their positions in the stock. Quadrant Capital Group LLC raised its holdings 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 worth $42,000 after purchasing an additional 783 shares during the period. Tower Research Capital LLC TRC raised its holdings in 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 buying an additional 2,431 shares during the period. Vestcor Inc acquired a new position in Metallus during the fourth quarter valued at approximately $104,000. Franklin Resources Inc. purchased a new stake in Metallus during the third quarter worth approximately $178,000. Finally, Mariner LLC increased its position in shares of Metallus by 59.6% in the fourth quarter. Mariner LLC now owns 16,493 shares of the company's stock worth $233,000 after acquiring an additional 6,157 shares in the last quarter. 77.58% of the stock is owned by hedge funds and other institutional investors.
Metallus Trading Down 0.1 %
NYSE:MTUS traded down $0.01 during mid-day trading on Wednesday, hitting $13.01. The company had a trading volume of 77,757 shares, compared to its average volume of 354,657. The business has a fifty day simple moving average of $13.18 and a 200-day simple moving average of $14.45. The firm has a market capitalization of $547.87 million, a price-to-earnings ratio of 25.02, a PEG ratio of 1.02 and a beta of 1.44. Metallus Inc. has a 1 year low of $10.78 and a 1 year high of $24.31.
About Metallus
(
Free Report)
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.
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