Metallus (NYSE:MTUS) Stock Price Down 0.9%

Shares of Metallus Inc. (NYSE:MTUS) traded down 0.9% during trading on Monday . The stock traded as low as $14.66 and last traded at $14.83. 268,417 shares changed hands during mid-day trading, a decline of 34% from the average session volume of 407,026 shares. The stock had previously closed at $14.96.

Metallus Trading Down 0.9 %

The firm’s fifty day moving average price is $17.05 and its 200 day moving average price is $20.05. The firm has a market capitalization of $644.51 million, a PE ratio of 8.83, a P/E/G ratio of 1.04 and a beta of 1.36.

Metallus (NYSE:MTUS) last released its quarterly earnings data on Thursday, August 8th. The company reported $0.15 EPS for the quarter, missing the consensus estimate of $0.39 by ($0.24). The business had revenue of $294.70 million during the quarter, compared to analysts’ expectations of $320.37 million. Metallus had a net margin of 4.21% and a return on equity of 10.10%. The firm’s revenue was down 17.4% on a year-over-year basis. During the same period last year, the company earned $0.60 earnings per share. On average, analysts predict that Metallus Inc. will post 0.96 earnings per share for the current year.

Insider Activity

In related news, CFO Kristopher R. Westbrooks sold 16,247 shares of the stock in a transaction on Tuesday, July 16th. The shares were sold at an average price of $23.03, for a total transaction of $374,168.41. Following the sale, the chief financial officer now directly owns 169,642 shares of the company’s stock, valued at $3,906,855.26. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold 18,247 shares of company stock valued at $411,888 in the last ninety days. Insiders own 3.70% of the company’s stock.

About Metallus

Metallus Inc manufactures and sells alloy steel, and carbon and micro-alloy steel products in the United States and internationally. The company offers special bar quality (SBQ) bars, seamless mechanical tubes, precision steel components, and billets that are used in gears, hubs, axles, crankshafts and motor shafts, oil country drill pipes, bits and collars, bearing races and rolling elements, bushings, fuel injectors, wind energy shafts, anti-friction bearings, artillery and mortar bodies, and other applications.