Outokumpu (OTCMKTS:OUTKY) Receives Consensus Rating of “Hold” from Brokerages

Shares of Outokumpu (OTCMKTS:OUTKY – Get Free Report) have received an average rating of “Hold” from the seven brokerages that are currently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating on the company.

A number of research firms recently issued reports on OUTKY. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Outokumpu in a research note on Wednesday, May 13th. Citigroup reiterated a “neutral” rating on shares of Outokumpu in a report on Wednesday, May 20th. Finally, Oddo Bhf raised Outokumpu to an “outperform” rating in a research report on Tuesday, May 26th.

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Outokumpu Price Performance

Shares of OUTKY stock opened at $2.84 on Friday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.60 and a current ratio of 1.56. Outokumpu has a fifty-two week low of $1.89 and a fifty-two week high of $3.66. The firm has a market cap of $2.69 billion, a P/E ratio of -18.96 and a beta of 0.75. The business’s 50 day moving average price is $3.24 and its 200-day moving average price is $3.00.

Outokumpu Company Profile

(Get Free Report)

Outokumpu Oyj is a Finland-based global producer of stainless steel products and one of Europe’s leading stainless steel manufacturers. Headquartered in Helsinki, the company traces its roots back to mining operations established in 1910 and has, over decades, transformed into a focused stainless steel specialist. Outokumpu’s core business encompasses the production of high-grade stainless steel in flat and long product forms, serving a broad range of industries including automotive, construction, energy, and consumer goods.

The company’s primary product portfolio includes cold-rolled and hot-rolled coils and sheets, plates, strips, bars and wire, as well as tailor-made and value-added solutions such as precision-cut blanks and welded tubes.

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