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

Shares of Outokumpu (OTCMKTS:OUTKY) have received a consensus recommendation of “Hold” from the seven ratings firms that are presently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company.

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

Outokumpu Stock Performance

OTCMKTS:OUTKY opened at $3.25 on Monday. The firm’s fifty day moving average price is $3.27 and its 200 day moving average price is $2.95. Outokumpu has a 1-year low of $1.89 and a 1-year high of $3.66. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.56 and a quick ratio of 0.60. The firm has a market cap of $3.07 billion, a price-to-earnings ratio of -21.67 and a beta of 0.71.

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.