OUTOKUMPU OYJ/ADR (OUTKY) Stock Rating Upgraded by Zacks Investment Research

Zacks Investment Research upgraded shares of OUTOKUMPU OYJ/ADR (OTCMKTS:OUTKY) from a sell rating to a hold rating in a research report released on Wednesday.

According to Zacks, “Outokumpu Oyj is engages in the manufacturing of stainless steel. Its business area consists of Stainless Coil EMEA, Stainless Coil Americas, Stainless APAC and High Performance Stainless and Alloy. The company operates primarily in Europe, Middle East and Africa, Americas and Asia-Pacific. Outokumpu Oyj is headquartered in Espoo, Finland. “

OTCMKTS:OUTKY opened at $1.80 on Wednesday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.46 and a current ratio of 1.09. OUTOKUMPU OYJ/ADR has a 12 month low of $1.80 and a 12 month high of $4.35. The stock has a market capitalization of $1.50 billion, a price-to-earnings ratio of 1.76 and a beta of 1.03.

OUTOKUMPU OYJ/ADR (OTCMKTS:OUTKY) last released its quarterly earnings data on Friday, October 26th. The company reported $0.04 EPS for the quarter. OUTOKUMPU OYJ/ADR had a return on equity of 8.63% and a net margin of 3.41%. The company had revenue of $2.01 billion for the quarter, compared to analyst estimates of $2.16 billion. Equities research analysts anticipate that OUTOKUMPU OYJ/ADR will post 0.17 EPS for the current fiscal year.

OUTOKUMPU OYJ/ADR Company Profile

Outokumpu Oyj produces and sells various stainless steel products in Finland, Germany, Sweden, the United Kingdom, other European countries, Asia and Oceania, and internationally. The company provides stainless steel bars, coils and sheets, steel precision strips, rebars, and wire rods; and semi-finished products, such as cast billets and blooms, cast slabs, stainless steel ingots, and rolled and forged billets, as well as pipes.

Featured Story: Conference Calls and Individual Investors

Get a free copy of the Zacks research report on OUTOKUMPU OYJ/ADR (OUTKY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for OUTOKUMPU OYJ/ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OUTOKUMPU OYJ/ADR and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit