Outokumpu Oyj (OTCMKTS:OUTKY - Get Free Report) hit a new 52-week high during trading on Wednesday . The stock traded as high as $2.06 and last traded at $2.06, with a volume of 1500 shares traded. The stock had previously closed at $1.83.
Outokumpu Oyj Trading Up 12.6%
The firm has a market cap of $1.88 billion, a price-to-earnings ratio of -41.20 and a beta of 0.60. The business's 50-day moving average price is $1.79 and its two-hundred day moving average price is $1.69. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.54 and a quick ratio of 0.53.
Outokumpu Oyj (OTCMKTS:OUTKY - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.01). Outokumpu Oyj had a negative return on equity of 1.06% and a negative net margin of 0.66%. The business had revenue of $1.60 billion for the quarter, compared to analysts' expectations of $1.53 billion. Equities analysts expect that Outokumpu Oyj will post 0.07 earnings per share for the current year.
Outokumpu Oyj Cuts Dividend
The business also recently announced a dividend, which was paid on Tuesday, April 29th. Investors of record on Monday, April 7th were given a dividend of $0.071 per share. The ex-dividend date was Monday, April 7th. Outokumpu Oyj's dividend payout ratio (DPR) is presently -100.00%.
Outokumpu Oyj Company Profile
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Outokumpu Oyj produces and sells various stainless steel products in Finland, other European countries, North America, the Asia-Pacific, and internationally. The company operates through three segments: Europe, Americas, and Ferrochrome. It offers cold rolled coils, strips, and sheets; hot rolled coils, strips, and plates; quarto plates; precision strips; and specialized components, such as welded stainless-steel I-beams, H-beams, hollow-section tubes, bent profiles, structural sections, hardened and customized press plates, suction roll shells, and blancs and disks.
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