Outokumpu Oyj (OTCMKTS:OUTKY) Sets New 12-Month Low – Should You Sell?

Outokumpu Oyj (OTCMKTS:OUTKY) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $1.39 and last traded at $1.39, with a volume of 130 shares trading hands. The stock had previously closed at $1.48.

Outokumpu Oyj Trading Down 6.4 %

The company has a market capitalization of $1.27 billion, a PE ratio of -4.95 and a beta of 0.77. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.67 and a quick ratio of 0.66. The company’s fifty day moving average is $1.68 and its 200-day moving average is $1.78.

Outokumpu Oyj (OTCMKTS:OUTKY) last announced its earnings results on Wednesday, October 30th. The company reported $0.03 earnings per share (EPS) for the quarter. The business had revenue of $1.67 billion for the quarter. Outokumpu Oyj had a negative return on equity of 6.65% and a negative net margin of 4.10%. On average, analysts anticipate that Outokumpu Oyj will post -0.01 EPS for the current fiscal year.

About Outokumpu Oyj

Outokumpu Oyj produces and sells various stainless steel products in Finland, other European countries, North America, the Asia-Pacific, and internationally. The company operates through three segments: Europe, Americas, and Ferrochrome. It offers cold rolled coils, strips, and sheets; hot rolled coils, strips, and plates; quarto plates; precision strips; and specialized components, such as welded stainless-steel I-beams, H-beams, hollow-section tubes, bent profiles, structural sections, hardened and customized press plates, suction roll shells, and blancs and disks.