Michael S. Williams Sells 28,907 Shares of Metallus Inc. (NYSE:MTUS) Stock

Metallus Inc. (NYSE:MTUSGet Free Report) CEO Michael S. Williams sold 28,907 shares of the company’s stock in a transaction that occurred on Monday, May 20th. The shares were sold at an average price of $24.09, for a total transaction of $696,369.63. Following the sale, the chief executive officer now directly owns 636,225 shares of the company’s stock, valued at $15,326,660.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Metallus Trading Down 1.0 %

Shares of MTUS stock opened at $23.79 on Thursday. The stock has a market capitalization of $1.04 billion, a PE ratio of 14.16, a P/E/G ratio of 0.90 and a beta of 1.55. Metallus Inc. has a 12 month low of $16.83 and a 12 month high of $24.31. The firm’s 50 day simple moving average is $21.80.

Metallus (NYSE:MTUSGet Free Report) last posted its quarterly earnings results on Thursday, May 9th. The company reported $0.56 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.21. Metallus had a net margin of 5.81% and a return on equity of 13.06%. The business had revenue of $321.60 million during the quarter, compared to analyst estimates of $319.80 million. During the same period in the prior year, the business posted $0.44 earnings per share. The company’s revenue was down .6% on a year-over-year basis. On average, sell-side analysts predict that Metallus Inc. will post 1.75 earnings per share for the current year.

About Metallus

(Get Free Report)

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.

Featured Articles

Insider Buying and Selling by Quarter for Metallus (NYSE:MTUS)

Receive News & Ratings for Metallus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Metallus and related companies with MarketBeat.com's FREE daily email newsletter.