Outokumpu Oyj (OTCMKTS:OUTKY - Get Free Report) shares shot up 2.3% on Friday . The company traded as high as $1.77 and last traded at $1.77. 6,680 shares traded hands during trading, an increase of 209% from the average session volume of 2,162 shares. The stock had previously closed at $1.73.
Outokumpu Oyj Stock Performance
The firm has a 50-day moving average of $1.80 and a 200-day moving average of $1.68. The company has a current ratio of 1.54, a quick ratio of 0.53 and a debt-to-equity ratio of 0.07. The stock has a market capitalization of $1.62 billion, a price-to-earnings ratio of -35.40 and a beta of 0.60.
Outokumpu Oyj (OTCMKTS:OUTKY - Get Free Report) last released its earnings results on Thursday, May 8th. The company reported ($0.02) EPS for the quarter, missing analysts' consensus estimates 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 firm had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.53 billion. As a group, sell-side analysts predict that Outokumpu Oyj will post 0.07 earnings per share for the current year.
Outokumpu Oyj Cuts Dividend
The firm 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 of this dividend was Monday, April 7th. Outokumpu Oyj's dividend payout ratio is presently -100.00%.
About Outokumpu Oyj
(
Get Free Report)
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.
Featured Stories
Before you consider Outokumpu Oyj, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Outokumpu Oyj wasn't on the list.
While Outokumpu Oyj currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
