Voestalpine (OTCMKTS:VLPNY) Shares Gap Down - Time to Sell?

Key Points

• Voestalpine shares gapped down, opening at $8.4995 after a $9.01 close and last trading at $8.4995 on very light volume (139 shares).
• Analysts are broadly positive: four Buy ratings and one Hold yield a consensus rating of Moderate Buy, with firms like Morgan Stanley, Deutsche Bank and Barclays maintaining favorable views.
• The company posted an EPS miss (earnings $0.08 vs. $0.09 expected), has low profitability (net margin 1.75%, ROE 3.55%), a P/E of 26.04, and its 50-day moving average ($9.84) sits above the current price.

Voestalpine AG (OTCMKTS:VLPNY - Get Free Report)'s share price gapped down before the market opened on Monday . The stock had previously closed at $9.01, but opened at $8.4995. Voestalpine shares last traded at $8.4995, with a volume of 139 shares.

Analyst Upgrades and Downgrades

VLPNY has been the topic of a number of recent analyst reports. Morgan Stanley restated an "overweight" rating on shares of Voestalpine in a report on Tuesday, February 24th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Voestalpine in a research report on Thursday, February 12th. Barclays restated an "overweight" rating on shares of Voestalpine in a report on Monday, February 23rd. Finally, Citigroup reaffirmed a "neutral" rating on shares of Voestalpine in a research note on Thursday, January 22nd. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy".

Voestalpine Stock Performance

The company has a debt-to-equity ratio of 0.16, a current ratio of 1.33 and a quick ratio of 0.45. The company has a market cap of $7.59 billion, a price-to-earnings ratio of 26.04 and a beta of 1.38. The stock has a 50-day moving average price of $9.84 and a 200 day moving average price of $8.63.

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

About Voestalpine

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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