Voestalpine (OTCMKTS:VLPNY) Hits New 52-Week Low – What’s Next?

Voestalpine AG (OTCMKTS:VLPNY)’s share price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $4.00 and last traded at $4.00, with a volume of 2000 shares. The stock had previously closed at $4.43.

Voestalpine Stock Performance

The firm’s fifty day simple moving average is $4.58 and its 200 day simple moving average is $5.14. The company has a quick ratio of 0.52, a current ratio of 1.37 and a debt-to-equity ratio of 0.19.

Voestalpine (OTCMKTS:VLPNY) last posted its quarterly earnings results on Wednesday, August 7th. The company reported $0.17 earnings per share (EPS) for the quarter. Voestalpine had a net margin of 0.35% and a return on equity of 1.13%. The business had revenue of $4.46 billion for the quarter. Equities research analysts forecast that Voestalpine AG will post 0.72 earnings per share for the current fiscal year.

Voestalpine Company Profile

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.