18,909 Shares in Metallus Inc. (NYSE:MTUS) Bought by Jane Street Group LLC

Jane Street Group LLC purchased a new position in Metallus Inc. (NYSE:MTUS) in the third quarter, HoldingsChannel reports. The fund purchased 18,909 shares of the company’s stock, valued at approximately $280,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in MTUS. State Street Corp bought a new stake in Metallus during the third quarter valued at $32,439,000. Stifel Financial Corp bought a new stake in Metallus during the third quarter valued at $227,000. Systematic Financial Management LP bought a new stake in Metallus during the third quarter valued at $16,359,000. Jacobs Levy Equity Management Inc. bought a new stake in Metallus during the third quarter valued at $827,000. Finally, Janus Henderson Group PLC bought a new stake in Metallus during the third quarter valued at $15,534,000. Institutional investors own 77.58% of the company’s stock.

Metallus Price Performance

MTUS stock opened at $13.56 on Friday. Metallus Inc. has a 1-year low of $13.09 and a 1-year high of $24.31. The firm has a fifty day moving average price of $15.21 and a two-hundred day moving average price of $16.54. The firm has a market cap of $576.22 million, a price-to-earnings ratio of 26.08, a PEG ratio of 1.66 and a beta of 1.39.

Metallus Profile

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.