Metallus Inc. (NYSE:MTUS – Get Free Report) hit a new 52-week low during trading on Tuesday . The stock traded as low as $13.01 and last traded at $13.10, with a volume of 52092 shares traded. The stock had previously closed at $13.98.
Metallus Trading Down 1.9 %
The stock’s 50 day moving average price is $14.83 and its two-hundred day moving average price is $15.15. The firm has a market capitalization of $582.81 million, a price-to-earnings ratio of 26.37, a PEG ratio of 1.02 and a beta of 1.38.
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in the stock. FMR LLC acquired a new stake in shares of Metallus in the 3rd quarter worth approximately $29,000. Mark Sheptoff Financial Planning LLC purchased a new position in shares of Metallus in the third quarter valued at $41,000. Quadrant Capital Group LLC raised its stake in shares of Metallus by 36.3% during the 4th quarter. Quadrant Capital Group LLC now owns 2,943 shares of the company’s stock worth $42,000 after buying an additional 783 shares during the last quarter. Huntington National Bank acquired a new position in shares of Metallus during the 3rd quarter worth $49,000. Finally, Tower Research Capital LLC TRC grew its stake in Metallus by 103.7% in the 4th quarter. Tower Research Capital LLC TRC now owns 4,775 shares of the company’s stock valued at $67,000 after acquiring an additional 2,431 shares during the last quarter. 77.58% of the stock is owned by hedge funds and other institutional investors.
About Metallus
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.
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