Voestalpine (OTCMKTS:VLPNY) announced its earnings results on Thursday. The company reported $0.20 EPS for the quarter, Morningstar.com reports. Voestalpine had a return on equity of 10.66% and a net margin of 5.31%.
Voestalpine (OTCMKTS:VLPNY) traded down $0.15 on Friday, reaching $11.01. The company’s stock had a trading volume of 180 shares, compared to its average volume of 1,738. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.72 and a current ratio of 1.62. The company has a market capitalization of $10,761.70, a P/E ratio of 15.07 and a beta of 1.50. Voestalpine has a twelve month low of $7.84 and a twelve month high of $13.38.
Separately, Zacks Investment Research upgraded Voestalpine from a “hold” rating to a “buy” rating and set a $14.00 price objective for the company in a report on Saturday, January 13th.
Voestalpine Company Profile
voestalpine AG processes, develops, and manufactures steel products worldwide. The company operates through five segments: Steel, High Performance Metals, Metal Engineering, Metal Forming, and Other. The Steel division produces and processes hot and cold-rolled steel; electrogalvanized, hot-dip galvanized, and organically coated plates; electrical steel strips; and heavy plates, as well as turbine casings.
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