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

Shares of Outokumpu (OTCMKTS:OUTKY) have been given a consensus recommendation of “Hold” by the seven analysts that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and two have assigned a buy recommendation to the company.

Several brokerages recently weighed in on OUTKY. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Outokumpu in a research note on Wednesday, May 13th. Citigroup restated a “neutral” rating on shares of Outokumpu in a research note on Wednesday, May 20th. Finally, Oddo Bhf upgraded Outokumpu to an “outperform” rating in a research note on Tuesday, May 26th.

Outokumpu Stock Performance

Shares of OTCMKTS OUTKY opened at $3.25 on Monday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.58 and a current ratio of 1.56. The firm has a market cap of $3.07 billion, a price-to-earnings ratio of -21.67 and a beta of 0.71. The business’s 50-day simple moving average is $3.27 and its 200-day simple moving average is $2.94. Outokumpu has a 52 week low of $1.89 and a 52 week high of $3.66.

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.