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

Metallus Inc. (NYSE:MTUS - Get Free Report) EVP Kristine C. Syrvalin sold 7,500 shares of the stock in a transaction on Wednesday, July 23rd. The shares were sold at an average price of $18.00, for a total value of $135,000.00. Following the completion of the sale, the executive vice president owned 89,910 shares of the company's stock, valued at $1,618,380. The trade was a 7.70% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Metallus Stock Performance

Shares of NYSE MTUS traded up $0.21 during mid-day trading on Friday, hitting $16.99. 285,678 shares of the stock were exchanged, compared to its average volume of 345,974. The company has a market cap of $715.45 million, a P/E ratio of -33.98, a PEG ratio of 1.40 and a beta of 1.37. The stock's fifty day simple moving average is $14.84 and its two-hundred day simple moving average is $14.23. Metallus Inc. has a twelve month low of $10.78 and a twelve month high of $22.78.

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

Wall Street Analysts Forecast Growth

MTUS has been the topic of a number of research reports. Wall Street Zen raised shares of Metallus from a "sell" rating to a "hold" rating in a research note on Saturday, July 5th. Northcoast Research started coverage on shares of Metallus in a research report on Wednesday. They set a "buy" rating and a $24.00 target price on the stock. Finally, Sidoti raised shares of Metallus to a "hold" rating in a research report on Friday, May 9th.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of MTUS. Vanguard Group Inc. grew its holdings in Metallus by 1.3% during the 4th quarter. Vanguard Group Inc. now owns 3,257,534 shares of the company's stock worth $46,029,000 after acquiring an additional 43,244 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Metallus by 68.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,937,438 shares of the company's stock worth $25,885,000 after purchasing an additional 784,804 shares in the last quarter. American Century Companies Inc. boosted its position in shares of Metallus by 9.5% during the first quarter. American Century Companies Inc. now owns 1,441,326 shares of the company's stock worth $19,256,000 after purchasing an additional 125,034 shares in the last quarter. Systematic Financial Management LP boosted its position in shares of Metallus by 13.2% during the first quarter. Systematic Financial Management LP now owns 1,308,514 shares of the company's stock worth $17,482,000 after purchasing an additional 152,217 shares in the last quarter. Finally, Invenomic Capital Management LP bought a new position in shares of Metallus during the first quarter worth $8,701,000. Institutional investors own 77.58% of the company's stock.

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.