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

Shares of Outokumpu (OTCMKTS:OUTKY) have earned a consensus rating of “Hold” from the six research firms that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, four have given a hold recommendation and one has given a buy recommendation to the company.

Several analysts have commented on the stock. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Outokumpu in a research report on Wednesday, May 13th. Citigroup reiterated a “neutral” rating on shares of Outokumpu in a research note on Wednesday.

Outokumpu Stock Performance

OUTKY stock opened at $3.16 on Thursday. The company has a quick ratio of 0.58, a current ratio of 1.63 and a debt-to-equity ratio of 0.15. The company has a market capitalization of $2.99 billion, a price-to-earnings ratio of -21.07 and a beta of 0.68. Outokumpu has a 12 month low of $1.77 and a 12 month high of $3.45. The firm has a 50 day moving average of $3.04 and a two-hundred day moving average of $2.77.

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.