Zacks Investment Research cut shares of Metso Oyj (OTCMKTS:MXCYY) from a buy rating to a hold rating in a report issued on Saturday.

According to Zacks, “Metso is a globally-leading supplier of processes, machinery and systems for the pulp and paper industry and a foremost expert in the key technologies of this sector. The Corporation is also a strong supplier in automation and flow control solutions, and one of the world’s leading suppliers of rock and mineral processing systems. The main customer sectors are the pulp and paper industry, construction and civil engineering, mining and the energy industry. “

Separately, Barclays lowered Metso Oyj from an equal weight rating to an underweight rating in a report on Tuesday, December 5th.

Metso Oyj (MXCYY) opened at $8.37 on Friday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.30 and a current ratio of 1.93. Metso Oyj has a 12-month low of $6.92 and a 12-month high of $9.36. The stock has a market capitalization of $4,630.00, a price-to-earnings ratio of 36.39, a price-to-earnings-growth ratio of 1.59 and a beta of 0.68.

Metso Oyj (OTCMKTS:MXCYY) last announced its quarterly earnings data on Thursday, October 19th. The industrial products company reported $0.04 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.09 by ($0.05). The firm had revenue of $790.60 million during the quarter. Metso Oyj had a net margin of 4.28% and a return on equity of 8.36%. sell-side analysts expect that Metso Oyj will post 0.22 earnings per share for the current fiscal year.

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About Metso Oyj

Metso Oyj is a global supplier of technology and services for mining, aggregates, oil and gas, pulp, paper, as well as process industries. The Company’s segments include Minerals, Flow Control, and Group Head Office and other. The Minerals segment covers the Company’s mining, aggregates and recycling businesses.

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