Voestalpine AG (OTCMKTS:VLPNY - Get Free Report)'s stock price reached a new 52-week high during trading on Thursday . The company traded as high as $7.31 and last traded at $7.31, with a volume of 301 shares traded. The stock had previously closed at $6.75.
Analysts Set New Price Targets
A number of research firms recently commented on VLPNY. Citigroup restated a "neutral" rating on shares of Voestalpine in a report on Wednesday, June 11th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Voestalpine in a research report on Wednesday, August 27th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold".
View Our Latest Stock Analysis on VLPNY
Voestalpine Stock Up 6.7%
The company has a quick ratio of 0.53, a current ratio of 1.35 and a debt-to-equity ratio of 0.19. The company has a market capitalization of $6.18 billion, a P/E ratio of 36.03 and a beta of 1.31. The firm has a 50-day moving average price of $6.25 and a two-hundred day moving average price of $5.48.
Voestalpine (OTCMKTS:VLPNY - Get Free Report) last issued its earnings results on Wednesday, August 6th. The company reported $0.17 EPS for the quarter. The firm had revenue of $4.70 billion during the quarter. Voestalpine had a return on equity of 2.15% and a net margin of 1.02%. Equities research analysts anticipate that Voestalpine AG will post 0.45 EPS for the current fiscal year.
Voestalpine Company Profile
(
Get Free Report)
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Voestalpine, 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 Voestalpine wasn't on the list.
While Voestalpine currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.