Outokumpu Oyj (OTCMKTS:OUTFF – Get Free Report) shares were down 4.7% during mid-day trading on Thursday. The stock traded as low as $5.43 and last traded at $5.43. Approximately 100 shares traded hands during trading, a decline of 77% from the average daily volume of 435 shares. The stock had previously closed at $5.70.
Outokumpu Oyj Stock Down 4.7%
The firm’s 50 day moving average is $6.12 and its 200 day moving average is $6.17.
About Outokumpu Oyj
Outokumpu Oyj is a Finland-based stainless steel manufacturer serving customers in industries including construction, transportation, automotive, energy, food and beverage, and industrial equipment. The company produces stainless steel in a range of grades and forms, including coils, sheets, plates, precision strip, bars and other long products.
Its operations cover the stainless steel value chain, from raw materials and ferrochrome production to melting, processing, finishing and distribution.
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