Metso (OTCMKTS:MXCYY) Shares Pass Below Fifty Day Moving Average – Here’s Why

Metso Co. (OTCMKTS:MXCYY) shares crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $7.78 and traded as low as $7.50. Metso shares last traded at $7.78, with a volume of 6,900 shares traded.

Metso Stock Up 5.2 %

The firm’s 50-day moving average price is $7.78 and its 200-day moving average price is $7.78. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.19 and a quick ratio of 1.13. The company has a market cap of $4.68 billion, a price-to-earnings ratio of 13.65 and a beta of 1.79.

About Metso

Metso Corporation, an industrial company, provides equipment and services for the mining, aggregates, recycling, and process industries worldwide. The company operates through two segment, Minerals and Flow Control. It offers mining solutions, including crushing, screening, grinding, classification, beneficiation, dewatering, pyro processing, bulk materials handling, and slurry pumping solutions, as well as wear and spare parts; and aggregates, such as crushers, screens, feeders, rock breakers, air classifiers, lokotrack mobile plants, NW rapid and portable plants, stationary plants, slurry pumps, and preowned equipment, as well as wear and spare parts.