Voestalpine (OTCMKTS:VLPNY) Shares Gap Down - Should You Sell?

Key Points

• Gapped down: Voestalpine shares opened at $8.76 versus the prior close of $10.125 and last traded around $9.07, representing a roughly 6.1% decline on light volume (821 shares).
• Analyst sentiment is mostly positive—four Buy ratings and one Hold give an average rating of "Moderate Buy", with recent upgrades/reaffirmations from UBS, Deutsche Bank, Morgan Stanley and others.
• Financials and recent results: Quarterly EPS of $0.08 missed the $0.09 consensus, with a net margin of 1.75% and ROE of 3.55%; the company has a $7.85B market cap and a P/E of 26.93 (50‑day/200‑day moving averages $9.86/$8.28).

Voestalpine AG (OTCMKTS:VLPNY - Get Free Report)'s stock price gapped down before the market opened on Monday . The stock had previously closed at $10.1250, but opened at $8.76. Voestalpine shares last traded at $9.07, with a volume of 821 shares traded.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. Citigroup reiterated a "neutral" rating on shares of Voestalpine in a report on Thursday, January 22nd. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Voestalpine in a research note on Thursday, February 12th. UBS Group raised shares of Voestalpine from a "hold" rating to a "buy" rating in a research note on Monday, November 17th. Morgan Stanley restated an "overweight" rating on shares of Voestalpine in a report on Tuesday, February 24th. Finally, Barclays reaffirmed an "overweight" rating on shares of Voestalpine in a research note on Monday, February 23rd. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Voestalpine presently has an average rating of "Moderate Buy".

Voestalpine Stock Down 6.1%

The firm has a market cap of $7.85 billion, a PE ratio of 26.93 and a beta of 1.27. The company has a current ratio of 1.33, a quick ratio of 0.45 and a debt-to-equity ratio of 0.16. The firm has a 50 day moving average price of $9.86 and a 200-day moving average price of $8.28.

Voestalpine (OTCMKTS:VLPNY - Get Free Report) last issued its earnings results on Wednesday, February 11th. The company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.01). Voestalpine had a net margin of 1.75% and a return on equity of 3.55%. The firm had revenue of $4.13 billion during the quarter. Research analysts forecast that Voestalpine AG will post 0.45 EPS for the current fiscal year.

Voestalpine Company Profile

Voestalpine AG is a leading steel-based technology and capital goods group headquartered in Linz, Austria. The company specializes in the production of high-quality steel and sophisticated components for a range of industries, including automotive, railway systems, aerospace, energy, and construction. It operates across all major processing steps in steel production, from raw‐material processing and steelmaking to downstream activities such as coating, processing, and assembly.

Voestalpine's portfolio is organized into several business divisions.

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