Beese Fulmer Investment Management Inc. purchased a new stake in shares of Metallus Inc. (NYSE:MTUS – Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 15,687 shares of the company’s stock, valued at approximately $233,000.
A number of other institutional investors also recently modified their holdings of the company. International Assets Investment Management LLC acquired a new stake in shares of Metallus in the third quarter valued at about $462,000. Sequoia Financial Advisors LLC acquired a new stake in Metallus in the 3rd quarter valued at approximately $566,000. Everence Capital Management Inc. bought a new position in Metallus in the 3rd quarter worth approximately $256,000. Fruth Investment Management acquired a new position in shares of Metallus during the third quarter worth approximately $811,000. Finally, Creative Planning bought a new stake in shares of Metallus in the third quarter valued at approximately $183,000. Institutional investors own 77.58% of the company’s stock.
Metallus Trading Up 1.1 %
Shares of MTUS stock opened at $14.17 on Friday. The firm has a market capitalization of $615.83 million, a P/E ratio of 12.22, a price-to-earnings-growth ratio of 1.00 and a beta of 1.35. Metallus Inc. has a 1 year low of $13.82 and a 1 year high of $24.31. The firm’s fifty day simple moving average is $15.17 and its 200 day simple moving average is $19.16.
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.
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