BNP Paribas Financial Markets Buys Shares of 21,960 Metallus Inc. (NYSE:MTUS)

BNP Paribas Financial Markets purchased a new position in shares of Metallus Inc. (NYSE:MTUS) during the third quarter, HoldingsChannel reports. The fund purchased 21,960 shares of the company’s stock, valued at approximately $326,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. FMR LLC bought a new stake in shares of Metallus in the 3rd quarter valued at $29,000. Huntington National Bank acquired a new position in Metallus in the third quarter valued at about $49,000. Amalgamated Bank bought a new stake in shares of Metallus in the third quarter worth about $172,000. Creative Planning acquired a new stake in shares of Metallus during the third quarter worth about $183,000. Finally, SG Americas Securities LLC bought a new position in shares of Metallus during the 3rd quarter valued at about $189,000. 77.58% of the stock is owned by institutional investors.

Metallus Stock Performance

Shares of MTUS opened at $15.91 on Monday. The stock has a 50 day simple moving average of $15.30 and a 200 day simple moving average of $17.49. Metallus Inc. has a 52-week low of $13.82 and a 52-week high of $24.31. The firm has a market capitalization of $676.02 million, a PE ratio of 30.60, a P/E/G ratio of 1.66 and a beta of 1.39.

Metallus Company 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.