Voestalpine AG (OTCMKTS:VLPNY - Get Free Report)'s stock price reached a new 52-week high on Thursday . The stock traded as high as $6.01 and last traded at $6.01, with a volume of 2877 shares. The stock had previously closed at $5.56.
Analyst Upgrades and Downgrades
Separately, Citigroup reaffirmed a "neutral" rating on shares of Voestalpine in a research report on Wednesday, June 11th.
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Voestalpine Price Performance
The company has a current ratio of 1.44, a quick ratio of 0.55 and a debt-to-equity ratio of 0.26. The company has a 50 day moving average price of $5.29 and a 200 day moving average price of $4.67. The company has a market capitalization of $5.15 billion, a P/E ratio of 30.05 and a beta of 1.30.
Voestalpine (OTCMKTS:VLPNY - Get Free Report) last issued its earnings results on Wednesday, June 4th. The company reported ($0.04) EPS for the quarter. Voestalpine had a return on equity of 2.08% and a net margin of 0.99%. The business had revenue of $4.21 billion for the quarter. On average, equities analysts predict that Voestalpine AG will post 0.45 EPS for the current fiscal year.
Voestalpine Cuts Dividend
The firm also recently announced a dividend, which will be paid on Wednesday, July 30th. Stockholders of record on Monday, July 14th will be paid a dividend of $0.0724 per share. The ex-dividend date of this dividend is Friday, July 11th. This represents a dividend yield of 1.3%. Voestalpine's dividend payout ratio is currently 50.00%.
Voestalpine Company Profile
(
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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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