Voestalpine AG (OTCMKTS:VLPNY - Get Free Report) was the recipient of a large drop in short interest during the month of April. As of April 15th, there was short interest totalling 3,200 shares, a drop of 28.9% from the March 31st total of 4,500 shares. Based on an average trading volume of 1,000 shares, the days-to-cover ratio is currently 3.2 days. Approximately 0.0% of the company's shares are sold short.
Analyst Ratings Changes
Separately, BNP Paribas lowered shares of Voestalpine from a "strong-buy" rating to a "hold" rating in a research report on Friday, January 3rd.
View Our Latest Research Report on VLPNY
Voestalpine Price Performance
Shares of VLPNY stock remained flat at $5.08 on Friday. The company had a trading volume of 29 shares, compared to its average volume of 1,222. The business has a 50 day moving average of $4.71 and a two-hundred day moving average of $4.17. Voestalpine has a 52-week low of $3.34 and a 52-week high of $5.69. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.43 and a current ratio of 1.39.
Voestalpine (OTCMKTS:VLPNY - Get Free Report) last released its earnings results on Wednesday, February 12th. The company reported $0.03 earnings per share for the quarter. Voestalpine had a negative return on equity of 0.53% and a negative net margin of 0.41%. As a group, sell-side analysts predict that Voestalpine will post 0.45 earnings per share for the current year.
About Voestalpine
(
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Voestalpine AG processes, develops, manufactures, and sells steel products in Austria, European Union, and internationally. The company operates through five segments: Steel, High Performance Metals, Metal Engineering, Metal Forming, and Other. The Steel division produces hot and cold-rolled steel strips, as well as electrogalvanized, hot-dip galvanized, and organically coated steel strips; and heavy plates for the energy sector, as well as turbine casings for automotive, white goods/consumer goods, building/construction, energy, mechanical engineering, and others.
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