Metallus (NYSE:MTUS) COO Kristopher Westbrooks Sells 2,951 Shares

Metallus Inc. (NYSE:MTUS) COO Kristopher Westbrooks sold 2,951 shares of Metallus stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $21.03, for a total value of $62,059.53. Following the completion of the transaction, the chief operating officer owned 189,076 shares of the company’s stock, valued at $3,976,268.28. The trade was a 1.54% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Metallus Stock Up 1.5%

NYSE MTUS traded up $0.32 on Wednesday, hitting $21.37. 426,565 shares of the stock were exchanged, compared to its average volume of 384,251. Metallus Inc. has a fifty-two week low of $10.78 and a fifty-two week high of $21.54. The company has a 50-day moving average price of $18.55 and a 200-day moving average price of $17.26. The company has a market cap of $890.06 million, a PE ratio of -112.47, a PEG ratio of 1.22 and a beta of 1.48.

Metallus (NYSE:MTUS) last released its quarterly earnings data on Thursday, November 6th. The company reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.11. The business had revenue of $241.90 million during the quarter, compared to analysts’ expectations of $307.90 million. Metallus had a negative net margin of 0.73% and a positive return on equity of 2.94%. As a group, equities research analysts predict that Metallus Inc. will post 0.66 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Zacks Research upgraded shares of Metallus from a “strong sell” rating to a “hold” rating in a research note on Friday, January 30th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Metallus in a research report on Thursday, January 22nd. Finally, Wall Street Zen upgraded shares of Metallus from a “hold” rating to a “buy” rating in a research note on Saturday, December 13th. One analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $24.00.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of Metallus during the 3rd quarter worth approximately $33,000. iSAM Funds UK Ltd acquired a new position in Metallus during the third quarter worth $53,000. Huntington National Bank boosted its position in Metallus by 85.1% during the second quarter. Huntington National Bank now owns 5,470 shares of the company’s stock worth $84,000 after purchasing an additional 2,515 shares in the last quarter. Quantbot Technologies LP acquired a new stake in Metallus in the second quarter valued at $110,000. Finally, Strs Ohio purchased a new position in shares of Metallus in the first quarter valued at $142,000. Institutional investors and hedge funds own 77.58% of the company’s stock.

Metallus Company Profile

Metallus, Inc (NYSE:MTUS) is an industrial metals recycling and distribution company that acquires, processes and markets a wide array of ferrous and non-ferrous materials. Its product portfolio includes stainless steel, nickel alloys, aluminum and other specialty metals sourced from manufacturing scrap, obsolete products and post-consumer waste streams. Metallus provides services such as shredding, sorting, melting and baling, enabling its customers to optimize metal recovery and streamline supply chains.

Headquartered in Philadelphia, Pennsylvania, the company operates processing facilities and distribution centers across the United States, facilitating efficient logistics and regional collection of metal grades.