Insider Selling: Metallus Inc. (NYSE:MTUS) CFO Sells 16,247 Shares of Stock

Metallus Inc. (NYSE:MTUS) CFO Kristopher R. Westbrooks sold 16,247 shares of the company’s stock in a transaction dated Tuesday, July 16th. The stock was sold at an average price of $23.03, for a total value of $374,168.41. Following the completion of the transaction, the chief financial officer now directly owns 169,642 shares in the company, valued at $3,906,855.26. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Metallus Stock Performance

Shares of MTUS traded up $1.83 during trading hours on Tuesday, hitting $23.13. 420,419 shares of the company were exchanged, compared to its average volume of 250,511. The company has a market capitalization of $1.01 billion, a P/E ratio of 13.77, a PEG ratio of 0.80 and a beta of 1.43. The company’s 50 day simple moving average is $21.70. Metallus Inc. has a 52 week low of $18.70 and a 52 week high of $24.31.

Metallus (NYSE:MTUS) last released its quarterly earnings results on Thursday, May 9th. The company reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.21. The company had revenue of $321.60 million during the quarter, compared to the consensus estimate of $319.80 million. Metallus had a return on equity of 13.06% and a net margin of 5.81%. The firm’s revenue was down .6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.44 EPS. On average, equities analysts expect that Metallus Inc. will post 1.74 earnings per share for the current year.

About Metallus

Metallus Inc manufactures and sells alloy steel, and carbon and micro-alloy steel products in the United States and internationally. The company offers special bar quality (SBQ) bars, seamless mechanical tubes, precision steel components, and billets that are used in gears, hubs, axles, crankshafts and motor shafts, oil country drill pipes, bits and collars, bearing races and rolling elements, bushings, fuel injectors, wind energy shafts, anti-friction bearings, artillery and mortar bodies, and other applications.