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

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

OUTKY has been the subject of a number of analyst reports. Citigroup restated a “neutral” rating on shares of Outokumpu in a research note on Wednesday, May 20th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Outokumpu in a research note on Wednesday, May 13th. Finally, Oddo Bhf raised shares of Outokumpu to an “outperform” rating in a research report on Tuesday, May 26th.

Outokumpu Price Performance

Shares of OTCMKTS OUTKY opened at $3.10 on Friday. 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 stock has a market capitalization of $2.93 billion, a PE ratio of -20.67 and a beta of 0.75. The stock’s fifty day simple moving average is $3.23 and its two-hundred day simple moving average is $3.01. Outokumpu has a 12-month low of $1.89 and a 12-month high of $3.66.

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.