Metso Oyj (MXCYY) Announces Earnings Results

Metso Oyj (OTCMKTS:MXCYY) released its earnings results on Friday. The industrial products company reported $0.08 earnings per share for the quarter, Morningstar.com reports. The firm had revenue of $836.17 million during the quarter. Metso Oyj had a net margin of 4.28% and a return on equity of 8.36%.

Metso Oyj (OTCMKTS MXCYY) traded down $0.26 during trading on Friday, reaching $8.36. 487 shares of the company’s stock were exchanged, compared to its average volume of 3,037. The firm has a market cap of $5,027.64, a price-to-earnings ratio of 44.00, a price-to-earnings-growth ratio of 2.03 and a beta of 1.47. 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 52-week low of $7.15 and a 52-week high of $9.36.

A number of research firms have weighed in on MXCYY. Zacks Investment Research lowered shares of Metso Oyj from a “hold” rating to a “sell” rating in a research report on Thursday, October 12th. Barclays lowered shares of Metso Oyj from an “equal weight” rating to an “underweight” rating in a research report on Tuesday, December 5th.

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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.

Earnings History for Metso Oyj (OTCMKTS:MXCYY)

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