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

Outokumpu (OTCMKTS:OUTKY) has been given a consensus recommendation of “Hold” by the seven brokerages that are covering the company, Marketbeat Ratings reports. One research 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 brokerages recently commented on OUTKY. Citigroup restated a “neutral” rating on shares of Outokumpu in a report on Wednesday, May 20th. Oddo Bhf upgraded Outokumpu to an “outperform” rating in a report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Outokumpu in a report on Wednesday, May 13th.

Outokumpu Stock Performance

OTCMKTS OUTKY opened at $3.49 on Thursday. The stock has a market cap of $3.30 billion, a PE ratio of -23.27 and a beta of 0.68. The company has a current ratio of 1.63, a quick ratio of 0.58 and a debt-to-equity ratio of 0.15. Outokumpu has a twelve month low of $1.77 and a twelve month high of $3.50. The stock has a fifty day simple moving average of $3.05 and a 200-day simple moving average of $2.81.

Outokumpu Company Profile

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.