Media headlines about Universal Stainless & Alloy Products (NASDAQ:USAP) have trended positive on Monday, Accern Sentiment reports. Accern rates the sentiment of news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Universal Stainless & Alloy Products earned a media sentiment score of 0.43 on Accern’s scale. Accern also gave news headlines about the basic materials company an impact score of 46.7060544489707 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Universal Stainless & Alloy Products (NASDAQ USAP) traded up $2.10 during trading on Monday, hitting $26.50. 70,900 shares of the stock were exchanged, compared to its average volume of 31,342. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.77 and a current ratio of 3.41. The firm has a market cap of $191.55, a P/E ratio of 25.98 and a beta of 1.12. Universal Stainless & Alloy Products has a one year low of $11.60 and a one year high of $26.75.
Universal Stainless & Alloy Products (NASDAQ:USAP) last issued its earnings results on Wednesday, January 24th. The basic materials company reported ($0.01) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.06 by ($0.07). The firm had revenue of $50.30 million during the quarter, compared to the consensus estimate of $47.17 million. Universal Stainless & Alloy Products had a net margin of 4.09% and a return on equity of 0.34%. The firm’s revenue for the quarter was up 47.1% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.22) earnings per share. analysts expect that Universal Stainless & Alloy Products will post 1.1 earnings per share for the current year.
USAP has been the subject of a number of recent research reports. Zacks Investment Research upgraded shares of Universal Stainless & Alloy Products from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 26th. KeyCorp restated a “hold” rating on shares of Universal Stainless & Alloy Products in a research note on Thursday, November 16th.
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Universal Stainless & Alloy Products Company Profile
Universal Stainless & Alloy Products, Inc manufactures and markets semi-finished and finished specialty steel products, including stainless steel, nickel alloys, tool steel and certain other alloyed steels. The Company’s manufacturing process involves melting, remelting, heat treating, hot and cold rolling, forging, machining and cold drawing of semi-finished and finished specialty steels.
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