Huntington National Bank bought a new position in shares of Metallus Inc. (NYSE:MTUS – Free Report) during the third quarter, HoldingsChannel.com reports. The institutional investor bought 3,314 shares of the company’s stock, valued at approximately $49,000.
Several other institutional investors have also modified their holdings of the business. Amalgamated Bank acquired a new stake in Metallus during the 3rd quarter valued at approximately $172,000. Creative Planning purchased a new position in shares of Metallus during the 3rd quarter valued at approximately $183,000. SG Americas Securities LLC purchased a new position in shares of Metallus during the 3rd quarter valued at approximately $189,000. Beese Fulmer Investment Management Inc. acquired a new stake in shares of Metallus during the third quarter worth approximately $233,000. Finally, Everence Capital Management Inc. bought a new stake in shares of Metallus in the third quarter worth $256,000. Institutional investors and hedge funds own 77.58% of the company’s stock.
Metallus Price Performance
NYSE MTUS opened at $14.49 on Tuesday. The company has a market capitalization of $615.74 million, a price-to-earnings ratio of 27.87, a price-to-earnings-growth ratio of 1.51 and a beta of 1.36. Metallus Inc. has a 12 month low of $13.82 and a 12 month high of $24.31. The company’s fifty day moving average price is $14.80 and its two-hundred day moving average price is $18.35.
Metallus Company Profile
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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