Voestalpine AG (OTCMKTS:VLPNY - Get Free Report)'s stock price gapped down prior to trading on Monday . The stock had previously closed at $6.01, but opened at $5.80. Voestalpine shares last traded at $5.80, with a volume of 206 shares trading hands.
Analysts Set New Price Targets
Separately, Citigroup reissued a "neutral" rating on shares of Voestalpine in a research note on Wednesday, June 11th.
Get Our Latest Analysis on VLPNY
Voestalpine Price Performance
The business's fifty day moving average is $5.29 and its 200-day moving average is $4.67. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.44 and a quick ratio of 0.55. The firm has a market cap of $4.97 billion, a PE ratio of 28.99 and a beta of 1.30.
Voestalpine (OTCMKTS:VLPNY - Get Free Report) last posted its quarterly earnings data on Wednesday, June 4th. The company reported ($0.04) earnings per share (EPS) for the quarter. The company had revenue of $4.21 billion for the quarter. Voestalpine had a return on equity of 2.08% and a net margin of 0.99%. On average, research analysts predict that Voestalpine AG will post 0.45 earnings per share 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 $0.0724 dividend. The ex-dividend date of this dividend is Friday, July 11th. This represents a dividend yield of 1.3%. Voestalpine's payout ratio is 35.00%.
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.
Read More
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
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
