Outokumpu (OTCMKTS:OUTKY) Given Consensus Rating of “Hold” by Brokerages

Shares of Outokumpu (OTCMKTS:OUTKY) have earned a consensus rating of “Hold” from the six brokerages that are presently covering the stock, MarketBeat reports. Four research analysts have rated the stock with a hold rating and two have issued a buy rating on the company.

Several research analysts have commented on the stock. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Outokumpu in a report on Wednesday, May 13th. Oddo Bhf upgraded shares of Outokumpu to an “outperform” rating in a research report on Tuesday, May 26th. Finally, Citigroup reiterated a “neutral” rating on shares of Outokumpu in a research report on Wednesday, May 20th.

Outokumpu Stock Performance

Shares of OUTKY opened at $3.10 on Friday. Outokumpu has a 12-month low of $1.89 and a 12-month high of $3.66. The company has a current ratio of 1.56, a quick ratio of 0.60 and a debt-to-equity ratio of 0.15. The company has a market cap of $2.93 billion, a PE ratio of -20.67 and a beta of 0.75. The stock has a 50-day moving average price of $3.22 and a 200-day moving average price of $3.02.

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.