Metso Co. (OTCMKTS:MXCYY – Get Free Report) was up 5.2% during mid-day trading on Friday. The stock traded as high as $8.00 and last traded at $7.7825. Approximately 6,900 shares changed hands during mid-day trading, an increase of 10% from the average session volume of 6,274 shares. The stock had previously closed at $7.40.
Metso Stock Up 5.2%
The company has a quick ratio of 1.13, a current ratio of 2.19 and a debt-to-equity ratio of 0.05. The company has a market capitalization of $4.68 billion, a PE ratio of 13.65 and a beta of 1.79. The business’s 50 day simple moving average is $7.78 and its 200 day simple moving average is $7.78.
About Metso
Metso Oyj is a Finland-based industrial technology company that provides equipment, systems and services for the aggregates, minerals processing and metals refining industries. Its customers include mining, quarrying, construction and metal-producing companies around the world.
The company’s offerings include crushers, screens, conveyors, pumps, grinding mills, flotation equipment, filtration systems, pyroprocessing solutions and automation technologies. Metso also supplies spare and wear parts, maintenance, process optimization and other lifecycle services designed to improve equipment performance and efficiency.
Metso traces its modern corporate history to the combination of Valmet and Rauma in 1999.
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